Date Approved
05/07/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
IDC CONSTRUCTION AND MECHANICAL
Borrower Address
27489 Schoolcraft Rd
Borrower City
Livonia
Borrower State
MI
Borrower Zip
48150-2201
Loan Status Date
04/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
112295.30
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33691
Servicing Lender Name
Chelsea State Bank
Servicing Lender Address
1010 S Main St
Servicing Lender City
CHELSEA
Servicing Lender State
Servicing Lender Zip
48118-1435
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-12
Jobs Reported
15
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
112291.30
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
113276.73
Forgiveness Date
03/29/2022