PPP Loan information for The acres, inc.

$73,170

The acres, inc. was initially approved for PPP Loan of amount $73,170, the current approved amount is $73,170. The loan was approved on 06/01/2020 by The H P C CU reported 42 jobs and $73,170 was used to fund payroll.

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

THE ACRES, INC.

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

73170.00

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

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4670.00

Payroll Proceed

61825.00

Mortgage Interest Proceed

0.00

Rent Proceed

6675.00

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

73594.79

Forgiveness Date

12/31/2020

;