PPP Loan information for Michigan franchise development

$41,668

Michigan franchise development was initially approved for PPP Loan of amount $41,668, the current approved amount is $41,668. The loan was approved on 04/14/2020 by The Financial Plus CU reported 2 jobs and $41,668 was used to fund payroll.

Michigan franchise development is Existing or more than 2 years old

PPP Loan Search / MI / Fenton / Michigan franchise development

MICHIGAN FRANCHISE DEVELOPMENT

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN FRANCHISE DEVELOPMENT

Borrower Address

1028 N Leroy St

Borrower City

Fenton

Borrower State

MI

Borrower Zip

48430-2756

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41667.50

Current Approval Amount

41667.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99537

Servicing Lender Name

Financial Plus CU

Servicing Lender Address

G 3381 Van Slyke Rd

Servicing Lender City

FLINT

Servicing Lender State

MI

Servicing Lender Zip

48507-8507

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fenton

Project County Name

GENESEE

Project State

MI

Project Zip

48430-2756

CD

MI-08

Jobs Reported

2

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41667.50

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

99537

Originating Lender

Financial Plus CU

Originating Lender City

FLINT

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42065.66

Forgiveness Date

04/02/2021

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