PPP Loan information for Bmg of imlay city, inc

$192,300

Bmg of imlay city, inc was initially approved for PPP Loan of amount $192,300, the current approved amount is $192,300. The loan was approved on 04/11/2020 by The Waterford Bank, National Association reported 46 jobs and $192,300 was used to fund payroll.

Bmg of imlay city, inc is Existing or more than 2 years old

PPP Loan Search / MI / WEST BLOOMFIELD / Bmg of imlay city, inc

BMG OF IMLAY CITY, INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BMG OF IMLAY CITY, INC

Borrower Address

3300 LONE PINE RD

Borrower City

WEST BLOOMFIELD

Borrower State

MI

Borrower Zip

48323-3324

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192300.00

Current Approval Amount

192300.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BLOOMFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48323-3324

CD

MI-11

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11397.00

Payroll Proceed

142291.00

Mortgage Interest Proceed

0.00

Rent Proceed

38612.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

193795.67

Forgiveness Date

01/26/2021

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