PPP Loan information for The michigan group, inc.

$254,200

The michigan group, inc. was initially approved for PPP Loan of amount $254,200, the current approved amount is $254,200. The loan was approved on 04/16/2020 by The Bank of Ann Arbor reported 36 jobs and $254,200 was used to fund payroll.

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

THE MICHIGAN GROUP, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE MICHIGAN GROUP, INC.

Borrower Address

6870 Grand River

Borrower City

Brighton

Borrower State

MI

Borrower Zip

48114-7364

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254200.00

Current Approval Amount

254200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48114-7364

CD

MI-07

Jobs Reported

36

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254200.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

256087.35

Forgiveness Date

01/20/2021

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