PPP Loan information for The michaels organization llc

$952,400

The michaels organization llc was initially approved for PPP Loan of amount $952,400, the current approved amount is $952,400. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 64 jobs and $952,400 was used to fund payroll.

The michaels organization llc is Existing or more than 2 years old

THE MICHAELS ORGANIZATION LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE MICHAELS ORGANIZATION LLC

Borrower Address

2 Cooper Street 14th Floor

Borrower City

Camden

Borrower State

NJ

Borrower Zip

08102

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

952400.00

Current Approval Amount

952400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Camden

Project County Name

CAMDEN

Project State

NJ

Project Zip

08102-1000

CD

NJ-01

Jobs Reported

64

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

799725.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

152675.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

964924.71

Forgiveness Date

08/17/2021

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