PPP Loan information for Michael drain

$12,500

Michael drain was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 05/01/2021 by The Newtek Small Business Finance, Inc. reported 1 jobs and $12,500 was used to fund payroll.

Michael drain is Existing or more than 2 years old

PPP Loan Search / OH / Chagrin Falls / Michael drain

MICHAEL DRAIN

Date Approved

05/01/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

MICHAEL DRAIN

Borrower Address

147 Bell St

Borrower City

Chagrin Falls

Borrower State

OH

Borrower Zip

44022-2982

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chagrin Falls

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44022-2982

CD

OH-11

Jobs Reported

1

NAICS Code

541199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12499.00

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

Sole Proprietorship

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

12582.29

Forgiveness Date

02/03/2022

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