PPP Loan information for Group five management

$1,772,300

Group five management was initially approved for PPP Loan of amount $1,772,300, the current approved amount is $1,772,300. The loan was approved on 04/13/2020 by The First Merchants Bank reported 223 jobs and $1,772,300 was used to fund payroll.

Group five management is Existing or more than 2 years old

GROUP FIVE MANAGEMENT

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GROUP FIVE MANAGEMENT

Borrower Address

31151 W 10 MILE RD

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48336-2613

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1772300.00

Current Approval Amount

1772300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

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

48336-2613

CD

MI-11

Jobs Reported

223

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1772300.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1793421.93

Forgiveness Date

06/25/2021

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