PPP Loan information for Dry lube of michigan inc.

$49,625

Dry lube of michigan inc. was initially approved for PPP Loan of amount $49,625, the current approved amount is $49,625. The loan was approved on 05/19/2020 by The Independent Bank reported 3 jobs and $49,625 was used to fund payroll.

Dry lube of michigan inc. is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Dry lube of michigan inc.

DRY LUBE OF MICHIGAN INC.

Date Approved

05/19/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DRY LUBE OF MICHIGAN INC.

Borrower Address

1916 S.NIAGARA ST

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48602-1231

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49625.00

Current Approval Amount

49625.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48602-1231

CD

MI-08

Jobs Reported

3

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49625.00

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

49887.40

Forgiveness Date

12/02/2020

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