PPP Loan information for Credit union trust

$88,212

Credit union trust was initially approved for PPP Loan of amount $88,212, the current approved amount is $88,212. The loan was approved on 04/30/2020 by The Independent Bank reported 7 jobs and $88,212 was used to fund payroll.

Credit union trust is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Credit union trust

CREDIT UNION TRUST

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CREDIT UNION TRUST

Borrower Address

31155 NORTHWESTERN HWY SUITE 206

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334-2505

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88212.00

Current Approval Amount

88212.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-2505

CD

MI-11

Jobs Reported

7

NAICS Code

522130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88212.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88951.53

Forgiveness Date

03/11/2021

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