PPP Loan information for Mpis, inc.

$52,042

Mpis, inc. was initially approved for PPP Loan of amount $52,042, the current approved amount is $52,042. The loan was approved on 04/11/2020 by The Southern Michigan Bank & Trust reported 16 jobs and $52,042 was used to fund payroll.

Mpis, inc. is New Business or 2 years or less

MPIS, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MPIS, INC.

Borrower Address

5500 E PICKARD ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-5009

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52042.00

Current Approval Amount

52042.00

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

New Business or 2 years or less

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

0.00

Payroll Proceed

52042.00

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

52482.57

Forgiveness Date

02/25/2021

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