PPP Loan information for The straits corporation

$86,450

The straits corporation was initially approved for PPP Loan of amount $136,400, the current approved amount is $86,450. The loan was approved on 04/12/2020 by The The Huntington National Bank reported 5 jobs and $86,450 was used to fund payroll.

The straits corporation is Existing or more than 2 years old

PPP Loan Search / MI / TAWAS CITY / The straits corporation

THE STRAITS CORPORATION

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE STRAITS CORPORATION

Borrower Address

616 Oak St.

Borrower City

TAWAS CITY

Borrower State

MI

Borrower Zip

48763-9338

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136400.00

Current Approval Amount

86450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAWAS CITY

Project County Name

IOSCO

Project State

MI

Project Zip

48763-9338

CD

MI-01

Jobs Reported

5

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86450.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87250.55

Forgiveness Date

04/01/2021

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