PPP Loan information for South torch assisted living llc

$41,940

South torch assisted living llc was initially approved for PPP Loan of amount $41,940, the current approved amount is $41,940. The loan was approved on 01/17/2021 by The Alden State Bank reported 11 jobs and $41,940 was used to fund payroll.

South torch assisted living llc is Existing or more than 2 years old

SOUTH TORCH ASSISTED LIVING LLC

Date Approved

01/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOUTH TORCH ASSISTED LIVING LLC

Borrower Address

12800 Cherry Ave

Borrower City

Rapid City

Borrower State

MI

Borrower Zip

49676-8604

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41939.55

Current Approval Amount

41939.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33523

Servicing Lender Name

Alden State Bank

Servicing Lender Address

10564 Coy St

Servicing Lender City

ALDEN

Servicing Lender State

MI

Servicing Lender Zip

49612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rapid City

Project County Name

ANTRIM

Project State

MI

Project Zip

49676-8604

CD

MI-01

Jobs Reported

11

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41937.55

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33523

Originating Lender

Alden State Bank

Originating Lender City

ALDEN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42346.13

Forgiveness Date

01/04/2022

;