PPP Loan information for Prince valley, inc

$544,100

Prince valley, inc was initially approved for PPP Loan of amount $544,100, the current approved amount is $544,100. The loan was approved on 04/15/2020 by The First State Bank reported 107 jobs and $544,100 was used to fund payroll.

Prince valley, inc is Existing or more than 2 years old

PRINCE VALLEY, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRINCE VALLEY, INC

Borrower Address

5931 Michigan Avenue

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48210-3044

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544100.00

Current Approval Amount

544100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48210-3044

CD

MI-13

Jobs Reported

107

NAICS Code

445110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544100.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

549600.63

Forgiveness Date

04/29/2021

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