PPP Loan information for Michas ltd

$87,500

Michas ltd was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 05/29/2020 by The Manufacturers and Traders Trust Company reported 5 jobs and $87,500 was used to fund payroll.

Michas ltd is Existing or more than 2 years old

PPP Loan Search / MD / annapolis / Michas ltd

MICHAS LTD

Date Approved

05/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MICHAS LTD

Borrower Address

2011 Admiral Melville Circle

Borrower City

annapolis

Borrower State

MD

Borrower Zip

21402

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21402-1000

CD

MD-03

Jobs Reported

5

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88099.32

Forgiveness Date

02/17/2021

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