PPP Loan information for Mpis inc.

$72,858

Mpis inc. was initially approved for PPP Loan of amount $72,858, the current approved amount is $72,858. The loan was approved on 01/19/2021 by The Southern Michigan Bank & Trust reported 16 jobs and $72,858 was used to fund payroll.

Mpis inc. is Existing or more than 2 years old

MPIS INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MPIS INC.

Borrower Address

5500 E Pickard St

Borrower City

Mount Pleasant

Borrower State

MI

Borrower Zip

48858-5009

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72858.00

Current Approval Amount

72858.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Pleasant

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-5009

CD

MI-02

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

72856.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73438.87

Forgiveness Date

12/01/2021

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