PPP Loan information for Michigan commercial insurance mutual corporation

$586,800

Michigan commercial insurance mutual corporation was initially approved for PPP Loan of amount $586,800, the current approved amount is $586,800. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 32 jobs and $586,800 was used to fund payroll.

Michigan commercial insurance mutual corporation is Existing or more than 2 years old

PPP Loan Search / FL / Sarasota / Michigan commercial insurance mutual corporation

MICHIGAN COMMERCIAL INSURANCE MUTUAL CORPORATION

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MICHIGAN COMMERCIAL INSURANCE MUTUAL CORPORATION

Borrower Address

6948 Professional Parkway East

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34240-8414

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586800.00

Current Approval Amount

586800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34240-8414

CD

FL-17

Jobs Reported

32

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

586800.00

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

Originating Lender Location Id

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

589652.50

Forgiveness Date

11/03/2020

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