PPP Loan information for Trendset it inc

$701,991

Trendset it inc was initially approved for PPP Loan of amount $701,991, the current approved amount is $701,991. The loan was approved on 04/09/2020 by The Bank of Ann Arbor reported 40 jobs and $701,991 was used to fund payroll.

Trendset it inc is Existing or more than 2 years old

TRENDSET IT INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRENDSET IT INC

Borrower Address

38345 W 10 MILE RD

Borrower City

FARMINGTON

Borrower State

MI

Borrower Zip

48335-2805

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

701991.00

Current Approval Amount

701991.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2805

CD

MI-11

Jobs Reported

40

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

701991.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

696749.62

Forgiveness Date

12/23/2020

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