PPP Loan information for Butcher & butcher construction company, inc.

$1,919,375

Butcher & butcher construction company, inc. was initially approved for PPP Loan of amount $1,919,375, the current approved amount is $1,919,375. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 162 jobs and $1,919,375 was used to fund payroll.

Butcher & butcher construction company, inc. is Existing or more than 2 years old

BUTCHER & BUTCHER CONSTRUCTION COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BUTCHER & BUTCHER CONSTRUCTION COMPANY, INC.

Borrower Address

3885 INDUSTRIAL DR

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48309

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1919375.00

Current Approval Amount

1919375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-0899

CD

MI-10

Jobs Reported

162

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1919375.00

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

Corporation

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1937715.69

Forgiveness Date

03/31/2021

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