PPP Loan information for Michael's party rentals inc

$136,250

Michael's party rentals inc was initially approved for PPP Loan of amount $136,250, the current approved amount is $136,250. The loan was approved on 01/19/2021 by The New Valley Bank & Trust reported 17 jobs and $136,250 was used to fund payroll.

Michael's party rentals inc is Existing or more than 2 years old

PPP Loan Search / MA / Palmer / Michael's party rentals inc

MICHAEL'S PARTY RENTALS INC

Date Approved

01/19/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

MICHAEL'S PARTY RENTALS INC

Borrower Address

1221 S Main St

Borrower City

Palmer

Borrower State

MA

Borrower Zip

01069-1963

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136250.00

Current Approval Amount

136250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Palmer

Project County Name

HAMPDEN

Project State

MA

Project Zip

01069-1963

CD

MA-01

Jobs Reported

17

NAICS Code

532310

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

136250.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137761.82

Forgiveness Date

03/03/2022

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