PPP Loan information for Van paemel sales inc

$222,100

Van paemel sales inc was initially approved for PPP Loan of amount $222,100, the current approved amount is $222,100. The loan was approved on 03/09/2021 by The First State Bank reported 19 jobs and $222,100 was used to fund payroll.

Van paemel sales inc is Existing or more than 2 years old

VAN PAEMEL SALES INC

Date Approved

03/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VAN PAEMEL SALES INC

Borrower Address

29169 23 Mile Rd

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48047-1857

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222100.00

Current Approval Amount

222100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48047-1857

CD

MI-09

Jobs Reported

19

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

222095.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

223493.45

Forgiveness Date

10/27/2021

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