PPP Loan information for Michand distributing, inc.

$118,600

Michand distributing, inc. was initially approved for PPP Loan of amount $118,600, the current approved amount is $118,600. The loan was approved on 04/08/2020 by The National Bank of Commerce reported 18 jobs and $118,600 was used to fund payroll.

Michand distributing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Michand distributing, inc.

MICHAND DISTRIBUTING, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAND DISTRIBUTING, INC.

Borrower Address

2923 Helm Street

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55806-1710

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118600.00

Current Approval Amount

118600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55806-1710

CD

MN-08

Jobs Reported

18

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118600.00

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

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119240.12

Forgiveness Date

11/05/2020

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