Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
INDIVIDUAL BENEFITS COMPANY
Borrower Address
45 E Milwaukee Street
Borrower City
DETROIT
Borrower State
MI
Borrower Zip
48202-3231
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
463000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
525601
Servicing Lender Name
Mi Bank
Servicing Lender Address
3707 W Maple
Servicing Lender City
BLOOMFIELD HILLS
Servicing Lender State
Servicing Lender Zip
48301
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
40
NAICS Code
524114
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
15000.00
Payroll Proceed
396300.00
Mortgage Interest Proceed
Rent Proceed
51700.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
468695.53
Forgiveness Date
07/19/2021