PPP Loan information for Farmington education center inc

$27,895

Farmington education center inc was initially approved for PPP Loan of amount $27,895, the current approved amount is $27,895. The loan was approved on 03/01/2021 by The Bank of America, National Association reported 12 jobs and $27,895 was used to fund payroll.

Farmington education center inc is Existing or more than 2 years old

FARMINGTON EDUCATION CENTER INC

Date Approved

03/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FARMINGTON EDUCATION CENTER INC

Borrower Address

27622 Middlebelt Rd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-5001

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27895.00

Current Approval Amount

27895.00

Undisbursed Amount

0.00

Franchise Name

Kumon

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

48334-5001

CD

MI-11

Jobs Reported

12

NAICS Code

611699

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27889.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28034.09

Forgiveness Date

09/01/2021

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