PPP Loan information for Michigan box company

$852,562

Michigan box company was initially approved for PPP Loan of amount $852,562, the current approved amount is $852,562. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 81 jobs and $852,562 was used to fund payroll.

Michigan box company is New Business or 2 years or less

MICHIGAN BOX COMPANY

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN BOX COMPANY

Borrower Address

1910 Trombly St

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48211

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

852562.00

Current Approval Amount

852562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48211-0013

CD

MI-13

Jobs Reported

81

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

852562.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

859172.28

Forgiveness Date

02/10/2021

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