Date Approved
06/26/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MICHAEL J. PENN
Borrower Address
20100 Outer Drive
Borrower City
DEARBORN
Borrower State
MI
Borrower Zip
48124-2647
Loan Status Date
09/24/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
362500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
56102
Servicing Lender Name
KeyBank National Association
Servicing Lender Address
127 Public Sq
Servicing Lender City
CLEVELAND
Servicing Lender State
OH
Servicing Lender Zip
44114-1217
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-12
Jobs Reported
1
NAICS Code
541211
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
242991.48
Forgiveness Date
07/26/2022