PPP Loan information for Bma inc

$70,400

Bma inc was initially approved for PPP Loan of amount $70,400, the current approved amount is $70,400. The loan was approved on 01/19/2021 by The Capitol National Bank reported 13 jobs and $70,400 was used to fund payroll.

Bma inc is Existing or more than 2 years old

BMA INC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BMA INC

Borrower Address

505 E Oakland Ave

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48906-5261

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70400.00

Current Approval Amount

70400.00

Undisbursed Amount

0.00

Franchise Name

Rally's

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48906-5261

CD

MI-07

Jobs Reported

13

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70400.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70748.09

Forgiveness Date

07/23/2021

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