PPP Loan information for Painless leasing, llc

$586,700

Painless leasing, llc was initially approved for PPP Loan of amount $586,700, the current approved amount is $586,700. The loan was approved on 04/11/2020 by The Bank Michigan reported 49 jobs and $586,700 was used to fund payroll.

Painless leasing, llc is Existing or more than 2 years old

PPP Loan Search / MI / Ypsilanti / Painless leasing, llc

PAINLESS LEASING, LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PAINLESS LEASING, LLC

Borrower Address

135 South Prospect St.

Borrower City

Ypsilanti

Borrower State

MI

Borrower Zip

48198

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586700.00

Current Approval Amount

586700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ypsilanti

Project County Name

WASHTENAW

Project State

MI

Project Zip

48198-0001

CD

MI-06

Jobs Reported

49

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

586700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

593145.66

Forgiveness Date

05/27/2021

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