PPP Loan information for The bay at elmwood health and rehabilitation center llc

$538,975

The bay at elmwood health and rehabilitation center llc was initially approved for PPP Loan of amount $538,975, the current approved amount is $538,975. The loan was approved on 04/27/2020 by The Valley National Bank reported 85 jobs and $538,975 was used to fund payroll.

The bay at elmwood health and rehabilitation center llc is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / The bay at elmwood health and rehabilitation center llc

THE BAY AT ELMWOOD HEALTH AND REHABILITATION CENTER LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE BAY AT ELMWOOD HEALTH AND REHABILITATION CENTER LLC

Borrower Address

1881 east grand blvd

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48211-3041

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

538975.00

Current Approval Amount

538975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

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

48211-3041

CD

MI-13

Jobs Reported

85

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26949.00

Payroll Proceed

431180.00

Mortgage Interest Proceed

0.00

Rent Proceed

80846.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

544978.58

Forgiveness Date

06/11/2021

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