PPP Loan information for The acres, inc.

$102,438

The acres, inc. was initially approved for PPP Loan of amount $102,438, the current approved amount is $102,438. The loan was approved on 01/16/2021 by The H P C CU reported 18 jobs and $102,438 was used to fund payroll.

The acres, inc. is Existing or more than 2 years old

THE ACRES, INC.

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE ACRES, INC.

Borrower Address

1081 US Highway 23 N

Borrower City

Alpena

Borrower State

MI

Borrower Zip

49707-1269

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102438.00

Current Approval Amount

102438.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99037

Servicing Lender Name

H P C CU

Servicing Lender Address

1234 W Chisholm St

Servicing Lender City

ALPENA

Servicing Lender State

MI

Servicing Lender Zip

49707-1620

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpena

Project County Name

ALPENA

Project State

MI

Project Zip

49707-1269

CD

MI-01

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

102435.00

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

Corporation

Originating Lender Location Id

99037

Originating Lender

H P C CU

Originating Lender City

ALPENA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

103055.47

Forgiveness Date

08/31/2021

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