PPP Loan information for Michael designs upholstery inc

$55,400

Michael designs upholstery inc was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 01/28/2021 by The Salisbury Bank & Trust Company reported 6 jobs and $55,400 was used to fund payroll.

Michael designs upholstery inc is Existing or more than 2 years old

PPP Loan Search / MA / Sheffield / Michael designs upholstery inc

MICHAEL DESIGNS UPHOLSTERY INC

Date Approved

01/28/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

MICHAEL DESIGNS UPHOLSTERY INC

Borrower Address

44 S Main St

Borrower City

Sheffield

Borrower State

MA

Borrower Zip

01257-9696

Loan Status Date

03/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16194

Servicing Lender Name

Salisbury Bank & Trust Company

Servicing Lender Address

5 Bissell St

Servicing Lender City

LAKEVILLE

Servicing Lender State

CT

Servicing Lender Zip

06039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sheffield

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01257-9696

CD

MA-01

Jobs Reported

6

NAICS Code

315280

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

55398.00

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

16194

Originating Lender

Salisbury Bank & Trust Company

Originating Lender City

LAKEVILLE

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56532.28

Forgiveness Date

02/15/2023

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