PPP Loan information for Community residence corporation

$435,900

Community residence corporation was initially approved for PPP Loan of amount $435,900, the current approved amount is $435,900. The loan was approved on 04/13/2020 by The First Merchants Bank reported 68 jobs and $435,900 was used to fund payroll.

Community residence corporation is Existing or more than 2 years old

COMMUNITY RESIDENCE CORPORATION

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMMUNITY RESIDENCE CORPORATION

Borrower Address

301 W. Michigan Avenue, Ste 102

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48197-5378

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435900.00

Current Approval Amount

435900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-5378

CD

MI-06

Jobs Reported

68

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435900.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

440473.96

Forgiveness Date

05/04/2021

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