PPP Loan information for Michels communications corporation

$235,100

Michels communications corporation was initially approved for PPP Loan of amount $235,100, the current approved amount is $235,100. The loan was approved on 04/07/2020 by The Cornerstone Bank reported 19 jobs and $235,100 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

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MICHELS COMMUNICATIONS CORPORATION

Borrower Address

5000 S Minnesota

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57108-2707

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235100.00

Current Approval Amount

235100.00

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

Y

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

57108-2707

CD

SD-

Jobs Reported

19

NAICS Code

511120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235100.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236399.58

Forgiveness Date

11/03/2020

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