PPP Loan information for Ems product development

$119,165

Ems product development was initially approved for PPP Loan of amount $119,165, the current approved amount is $119,165. The loan was approved on 02/10/2021 by The Stock Growers Bank reported 12 jobs and $119,165 was used to fund payroll.

Ems product development is Existing or more than 2 years old

EMS PRODUCT DEVELOPMENT

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EMS PRODUCT DEVELOPMENT

Borrower Address

35588 Veronica St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1204

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119165.00

Current Approval Amount

119165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52781

Servicing Lender Name

Stock Growers Bank

Servicing Lender Address

331 Main St

Servicing Lender City

FORMAN

Servicing Lender State

ND

Servicing Lender Zip

58032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1204

CD

MI-12

Jobs Reported

12

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119160.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52781

Originating Lender

Stock Growers Bank

Originating Lender City

FORMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119668.14

Forgiveness Date

07/27/2021

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