PPP Loan information for Bay city downtown management board

$15,100

Bay city downtown management board was initially approved for PPP Loan of amount $15,100, the current approved amount is $15,100. The loan was approved on 04/15/2020 by The 1st State Bank reported 2 jobs and $15,100 was used to fund payroll.

Bay city downtown management board is Existing or more than 2 years old

BAY CITY DOWNTOWN MANAGEMENT BOARD

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAY CITY DOWNTOWN MANAGEMENT BOARD

Borrower Address

901 SAGINAW ST

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48708-5614

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15100.00

Current Approval Amount

15100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48708-5614

CD

MI-08

Jobs Reported

2

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

113.00

Payroll Proceed

14016.00

Mortgage Interest Proceed

0.00

Rent Proceed

684.00

Refinance EIDL Proceed

0.00

Health Care Proceed

287.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

15169.21

Forgiveness Date

10/13/2020

;