PPP Loan information for Home appliance mart inc

$1,383,270

Home appliance mart inc was initially approved for PPP Loan of amount $1,383,270, the current approved amount is $1,383,270. The loan was approved on 02/13/2021 by The Bank of Ann Arbor reported 124 jobs and $1,383,270 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

02/13/2021

SBA Office Code

0515

Processing Method

PPS

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

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1383270.00

Current Approval Amount

1383270.00

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

124

NAICS Code

442110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1383266.00

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

1391455.93

Forgiveness Date

09/22/2021

;