PPP Loan information for Michigan agribusiness solutions llc

$245,700

Michigan agribusiness solutions llc was initially approved for PPP Loan of amount $245,700, the current approved amount is $245,700. The loan was approved on 04/04/2020 by The 1st State Bank reported 21 jobs and $245,700 was used to fund payroll.

Michigan agribusiness solutions llc is Existing or more than 2 years old

MICHIGAN AGRIBUSINESS SOLUTIONS LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN AGRIBUSINESS SOLUTIONS LLC

Borrower Address

3050 Freeway Lane

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48601-6019

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245700.00

Current Approval Amount

245700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-6019

CD

MI-08

Jobs Reported

21

NAICS Code

115112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

228200.00

Mortgage Interest Proceed

0.00

Rent Proceed

11500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237264.79

Forgiveness Date

12/10/2020

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