PPP Loan information for Mid-american title company

$156,790

Mid-american title company was initially approved for PPP Loan of amount $156,790, the current approved amount is $156,790. The loan was approved on 04/09/2020 by The Honor Bank reported 19 jobs and $156,790 was used to fund payroll.

Mid-american title company is Existing or more than 2 years old

MID-AMERICAN TITLE COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MID-AMERICAN TITLE COMPANY

Borrower Address

424 E FRONT ST

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-2521

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156790.00

Current Approval Amount

156790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-2521

CD

MI-01

Jobs Reported

19

NAICS Code

541191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

140427.40

Mortgage Interest Proceed

0.00

Rent Proceed

8598.48

Refinance EIDL Proceed

0.00

Health Care Proceed

1764.12

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158771.65

Forgiveness Date

07/12/2021

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