PPP Loan information for Mid coast studio inc

$386,958

Mid coast studio inc was initially approved for PPP Loan of amount $386,958, the current approved amount is $386,958. The loan was approved on 01/20/2021 by The First Merchants Bank reported 15 jobs and $386,958 was used to fund payroll.

Mid coast studio inc is Existing or more than 2 years old

MID COAST STUDIO INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MID COAST STUDIO INC

Borrower Address

2616 Industrial Row Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48084-7036

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386957.50

Current Approval Amount

386957.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-7036

CD

MI-11

Jobs Reported

15

NAICS Code

512240

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

386957.50

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390053.16

Forgiveness Date

11/10/2021

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