PPP Loan information for Pacific industrial development corp

$750,000

Pacific industrial development corp was initially approved for PPP Loan of amount $750,000, the current approved amount is $750,000. The loan was approved on 01/25/2021 by The First Merchants Bank reported 71 jobs and $750,000 was used to fund payroll.

Pacific industrial development corp is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Pacific industrial development corp

PACIFIC INDUSTRIAL DEVELOPMENT CORP

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PACIFIC INDUSTRIAL DEVELOPMENT CORP

Borrower Address

4788 Runway Blvd

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48108-9557

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

750000.00

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

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48108-9557

CD

MI-06

Jobs Reported

71

NAICS Code

325180

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

749995.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

752835.62

Forgiveness Date

06/15/2021

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