PPP Loan information for Michigan pipe & valve - saginaw, inc.

$160,000

Michigan pipe & valve - saginaw, inc. was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 04/03/2020 by The 1st State Bank reported 10 jobs and $160,000 was used to fund payroll.

Michigan pipe & valve - saginaw, inc. is Existing or more than 2 years old

MICHIGAN PIPE & VALVE - SAGINAW, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN PIPE & VALVE - SAGINAW, INC.

Borrower Address

596 KOCHVILLE RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48604-9708

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

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

48604-9708

CD

MI-08

Jobs Reported

10

NAICS Code

423390

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

32000

Business Type

Corporation

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

161466.67

Forgiveness Date

03/10/2021

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