PPP Loan information for Idc construction and mechanical

$112,295

Idc construction and mechanical was initially approved for PPP Loan of amount $112,295, the current approved amount is $112,295. The loan was approved on 05/07/2021 by The Chelsea State Bank reported 15 jobs and $112,295 was used to fund payroll.

Idc construction and mechanical is Existing or more than 2 years old

IDC CONSTRUCTION AND MECHANICAL

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

112295.30

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

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-2201

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113276.73

Forgiveness Date

03/29/2022

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