PPP Loan information for Michigan virtual university

$2,175,700

Michigan virtual university was initially approved for PPP Loan of amount $2,175,700, the current approved amount is $2,175,700. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 267 jobs and $2,175,700 was used to fund payroll.

Michigan virtual university is Unanswered

MICHIGAN VIRTUAL UNIVERSITY

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN VIRTUAL UNIVERSITY

Borrower Address

920 MUNICIPAL WAY

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48917-6835

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2175700.00

Current Approval Amount

2175700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Lansing

Project County Name

EATON

Project State

MI

Project Zip

48917-6835

CD

MI-07

Jobs Reported

267

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2175700.00

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

Non-Profit Organization

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2207126.78

Forgiveness Date

09/27/2021

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