PPP Loan information for Michels communications corporation

$247,499

Michels communications corporation was initially approved for PPP Loan of amount $247,499, the current approved amount is $247,499. The loan was approved on 01/21/2021 by The Cornerstone Bank reported 17 jobs and $247,499 was used to fund payroll.

Michels communications corporation is Existing or more than 2 years old

PPP Loan Search / SD / Sioux Falls / Michels communications corporation

MICHELS COMMUNICATIONS CORPORATION

Date Approved

01/21/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

MICHELS COMMUNICATIONS CORPORATION

Borrower Address

5000 S Minnesota Ave Ste 300

Borrower City

Sioux Falls

Borrower State

SD

Borrower Zip

57108-2700

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

247499.20

Current Approval Amount

247499.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sioux Falls

Project County Name

LINCOLN

Project State

SD

Project Zip

57108-2700

CD

SD-

Jobs Reported

17

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247498.20

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

249066.69

Forgiveness Date

09/14/2021

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