Date Approved
02/04/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
ARCTIC AIR INC
Borrower Address
4918 Fernlee Ave
Borrower City
Royal Oak
Borrower State
MI
Borrower Zip
48073-1017
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
133662.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
9
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
133659.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
29599
Originating Lender
Northeast Bank
Originating Lender City
LEWISTON
Originating Lender State
ME
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
134793.55
Forgiveness Date
12/20/2021