PPP Loan information for Michel distributing inc

$6,500

Michel distributing inc was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 04/27/2020 by The Pinnacle Bank reported 2 jobs and $6,500 was used to fund payroll.

Michel distributing inc is Existing or more than 2 years old

PPP Loan Search / NE / DE WITT / Michel distributing inc

MICHEL DISTRIBUTING INC

Date Approved

04/27/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MICHEL DISTRIBUTING INC

Borrower Address

304 N FERN ST

Borrower City

DE WITT

Borrower State

NE

Borrower Zip

68341-6019

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42565

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1401 'N' St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DE WITT

Project County Name

SALINE

Project State

NE

Project Zip

68341-6019

CD

NE-03

Jobs Reported

2

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6500.00

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

Subchapter S Corporation

Originating Lender Location Id

42565

Originating Lender

Pinnacle Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6541.53

Forgiveness Date

12/28/2020

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