PPP Loan information for Margetin foods, incorporated

$108,447

Margetin foods, incorporated was initially approved for PPP Loan of amount $108,447, the current approved amount is $108,447. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 25 jobs and $108,447 was used to fund payroll.

Margetin foods, incorporated is New Business or 2 years or less

PPP Loan Search / MI / LANSING / Margetin foods, incorporated

MARGETIN FOODS, INCORPORATED

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARGETIN FOODS, INCORPORATED

Borrower Address

5080 W CLARK RD

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-9367

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108447.00

Current Approval Amount

108447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LANSING

Project County Name

CLINTON

Project State

MI

Project Zip

48906-9367

CD

MI-07

Jobs Reported

25

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108447.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109335.37

Forgiveness Date

02/25/2021

;