Date Approved
06/01/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
THE ACRES, INC.
Borrower Address
1081 US Hwy 23 North
Borrower City
Alpena
Borrower State
MI
Borrower Zip
49707-1269
Loan Status Date
07/04/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
73170.00
Current Approval Amount
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
Servicing Lender Zip
49707-1620
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-01
Jobs Reported
42
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4670.00
Payroll Proceed
61825.00
Mortgage Interest Proceed
Rent Proceed
6675.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
73594.79
Forgiveness Date
12/31/2020