PPP Loan information for Nc development group, inc.

$123,200

Nc development group, inc. was initially approved for PPP Loan of amount $123,200, the current approved amount is $123,200. The loan was approved on 04/15/2020 by The Bank Michigan reported 12 jobs and $123,200 was used to fund payroll.

Nc development group, inc. is Existing or more than 2 years old

NC DEVELOPMENT GROUP, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NC DEVELOPMENT GROUP, INC.

Borrower Address

159 W Pearl St. Suite 101

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49201

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123200.00

Current Approval Amount

123200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49201-0001

CD

MI-05

Jobs Reported

12

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4322.00

Payroll Proceed

98584.00

Mortgage Interest Proceed

3954.00

Rent Proceed

4340.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124067.46

Forgiveness Date

01/07/2021

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