PPP Loan information for Educational child care center inc

$413,400

Educational child care center inc was initially approved for PPP Loan of amount $413,400, the current approved amount is $413,400. The loan was approved on 04/13/2020 by The Michigan State University FCU reported 87 jobs and $413,400 was used to fund payroll.

Educational child care center inc is Existing or more than 2 years old

PPP Loan Search / MI / Lansing / Educational child care center inc

EDUCATIONAL CHILD CARE CENTER INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EDUCATIONAL CHILD CARE CENTER INC

Borrower Address

1715 West Malcolm X Street

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48915-1010

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413400.00

Current Approval Amount

413400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99188

Servicing Lender Name

Michigan State University FCU

Servicing Lender Address

3777 West Rd

Servicing Lender City

EAST LANSING

Servicing Lender State

MI

Servicing Lender Zip

48823-8029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48915-1010

CD

MI-07

Jobs Reported

87

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9366.00

Payroll Proceed

402179.00

Mortgage Interest Proceed

1855.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Childcare Center

Originating Lender Location Id

99188

Originating Lender

Michigan State University FCU

Originating Lender City

EAST LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

417318.81

Forgiveness Date

03/29/2021

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