PPP Loan information for Msvrg downtown ventures llc

$884,021

Msvrg downtown ventures llc was initially approved for PPP Loan of amount $884,021, the current approved amount is $884,021. The loan was approved on 02/02/2021 by The Bank of Ann Arbor reported 58 jobs and $884,021 was used to fund payroll.

Msvrg downtown ventures llc is Existing or more than 2 years old

MSVRG DOWNTOWN VENTURES LLC

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MSVRG DOWNTOWN VENTURES LLC

Borrower Address

15 Research Dr

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48103-2974

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

884021.07

Current Approval Amount

884021.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-2974

CD

MI-06

Jobs Reported

58

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

884015.07

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

Limited Liability Company(LLC)

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

889591.61

Forgiveness Date

09/22/2021

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