PPP Loan information for Michigan recovery services inc.

$342,675

Michigan recovery services inc. was initially approved for PPP Loan of amount $342,675, the current approved amount is $342,675. The loan was approved on 01/21/2021 by The 1st State Bank reported 48 jobs and $342,675 was used to fund payroll.

Michigan recovery services inc. is Existing or more than 2 years old

PPP Loan Search / MI / Saginaw / Michigan recovery services inc.

MICHIGAN RECOVERY SERVICES INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN RECOVERY SERVICES INC.

Borrower Address

3164 Freeway Ln

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48601-6019

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342675.00

Current Approval Amount

342675.00

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

48

NAICS Code

561491

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

342673.00

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

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345463.99

Forgiveness Date

11/17/2021

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