PPP Loan information for Basit pharmacy

$16,383

Basit pharmacy was initially approved for PPP Loan of amount $16,383, the current approved amount is $16,383. The loan was approved on 02/11/2021 by The Independent Bank reported 4 jobs and $16,383 was used to fund payroll.

Basit pharmacy is Existing or more than 2 years old

PPP Loan Search / MI / Caro / Basit pharmacy

BASIT PHARMACY

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BASIT PHARMACY

Borrower Address

1525 W Caro Rd

Borrower City

Caro

Borrower State

MI

Borrower Zip

48723-9260

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16383.00

Current Approval Amount

16383.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Caro

Project County Name

TUSCOLA

Project State

MI

Project Zip

48723-9260

CD

MI-09

Jobs Reported

4

NAICS Code

446110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16382.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16462.90

Forgiveness Date

08/13/2021

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