PPP Loan information for Educational child care center inc

$197,600

Educational child care center inc was initially approved for PPP Loan of amount $197,600, the current approved amount is $197,600. The loan was approved on 01/28/2021 by The Michigan State University FCU reported 32 jobs and $197,600 was used to fund payroll.

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

EDUCATIONAL CHILD CARE CENTER INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EDUCATIONAL CHILD CARE CENTER INC

Borrower Address

1715 W Malcolm X St

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48915-1010

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197600.00

Current Approval Amount

197600.00

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

32

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197598.00

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

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

198606.95

Forgiveness Date

08/16/2021

;