PPP Loan information for Michigan sports academies, llc

$273,800

Michigan sports academies, llc was initially approved for PPP Loan of amount $273,800, the current approved amount is $273,800. The loan was approved on 04/10/2020 by The Macatawa Bank reported 28 jobs and $273,800 was used to fund payroll.

Michigan sports academies, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Michigan sports academies, llc

MICHIGAN SPORTS ACADEMIES, LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN SPORTS ACADEMIES, LLC

Borrower Address

5449 28TH STREET CT

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49546-6772

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

273800.00

Current Approval Amount

273800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49546-6772

CD

MI-03

Jobs Reported

28

NAICS Code

611620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

273800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276005.40

Forgiveness Date

02/09/2021

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