PPP Loan information for Straits area services inc

$40,000

Straits area services inc was initially approved for PPP Loan of amount $86,354, the current approved amount is $40,000. The loan was approved on 04/29/2020 by The Citizens National Bank of Cheboygan reported 5 jobs and $40,000 was used to fund payroll.

Straits area services inc is Existing or more than 2 years old

PPP Loan Search / MI / Cheboygan / Straits area services inc

STRAITS AREA SERVICES INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STRAITS AREA SERVICES INC

Borrower Address

1320 W State Street

Borrower City

Cheboygan

Borrower State

MI

Borrower Zip

49721-1402

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86354.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cheboygan

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49721-1402

CD

MI-01

Jobs Reported

5

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

Non-Profit Organization

Originating Lender Location Id

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40242.22

Forgiveness Date

12/17/2020

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