PPP Loan information for The bay at woodward health and rehabilitation center

$635,000

The bay at woodward health and rehabilitation center was initially approved for PPP Loan of amount $635,000, the current approved amount is $635,000. The loan was approved on 04/27/2020 by The Valley National Bank reported 105 jobs and $635,000 was used to fund payroll.

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

THE BAY AT WOODWARD HEALTH AND REHABILITATION CENTER

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE BAY AT WOODWARD HEALTH AND REHABILITATION CENTER

Borrower Address

9146 Woodward Ave

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48202-1612

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635000.00

Current Approval Amount

635000.00

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

48202-1612

CD

MI-13

Jobs Reported

105

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32000.00

Payroll Proceed

508000.00

Mortgage Interest Proceed

0.00

Rent Proceed

95000.00

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

642179.03

Forgiveness Date

06/11/2021

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