PPP Loan information for Au sable institute

$110,500

Au sable institute was initially approved for PPP Loan of amount $110,500, the current approved amount is $110,500. The loan was approved on 02/12/2021 by The Macatawa Bank reported 6 jobs and $110,500 was used to fund payroll.

Au sable institute is Existing or more than 2 years old

PPP Loan Search / MI / Mancelona / Au sable institute

AU SABLE INSTITUTE

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

AU SABLE INSTITUTE

Borrower Address

7526 Sunset Trl NE

Borrower City

Mancelona

Borrower State

MI

Borrower Zip

49659-9555

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110500.00

Current Approval Amount

110500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mancelona

Project County Name

KALKASKA

Project State

MI

Project Zip

49659-9555

CD

MI-01

Jobs Reported

6

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

110498.00

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

Non-Profit Organization

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

111181.16

Forgiveness Date

10/06/2021

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