PPP Loan information for Flo's collection mi, llc

$627,270

Flo's collection mi, llc was initially approved for PPP Loan of amount $627,270, the current approved amount is $627,270. The loan was approved on 01/21/2021 by The ChoiceOne Bank reported 140 jobs and $627,270 was used to fund payroll.

Flo's collection mi, llc is Existing or more than 2 years old

FLO'S COLLECTION MI, LLC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FLO'S COLLECTION MI, LLC

Borrower Address

4494 Plainfield Ave NE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49525-1616

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

627270.00

Current Approval Amount

627270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49525-1616

CD

MI-03

Jobs Reported

140

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

627267.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

635536.22

Forgiveness Date

05/26/2022

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