PPP Loan information for Home appliance mart inc

$1,248,097

Home appliance mart inc was initially approved for PPP Loan of amount $1,248,097, the current approved amount is $1,248,097. The loan was approved on 04/15/2020 by The Bank of Ann Arbor reported 109 jobs and $1,248,097 was used to fund payroll.

Home appliance mart inc is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Home appliance mart inc

HOME APPLIANCE MART INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOME APPLIANCE MART INC

Borrower Address

410 JACKSON PLZ

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48103-1961

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1248097.00

Current Approval Amount

1248097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-1961

CD

MI-06

Jobs Reported

109

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1248097.00

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

Subchapter S Corporation

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1257124.33

Forgiveness Date

01/13/2021

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