PPP Loan information for Ten sixteen recovery network

$521,767

Ten sixteen recovery network was initially approved for PPP Loan of amount $521,767, the current approved amount is $521,767. The loan was approved on 04/13/2020 by The Independent Bank reported 61 jobs and $521,767 was used to fund payroll.

Ten sixteen recovery network is Existing or more than 2 years old

PPP Loan Search / MI / MIDLAND / Ten sixteen recovery network

TEN SIXTEEN RECOVERY NETWORK

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEN SIXTEEN RECOVERY NETWORK

Borrower Address

133 N SAGINAW RD

Borrower City

MIDLAND

Borrower State

MI

Borrower Zip

48640-3350

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521767.00

Current Approval Amount

521767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

MI

Project Zip

48640-3350

CD

MI-04

Jobs Reported

61

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

521767.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

524593.24

Forgiveness Date

11/03/2020

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