PPP Loan information for Place to b inc

$49,300

Place to b inc was initially approved for PPP Loan of amount $49,300, the current approved amount is $49,300. The loan was approved on 04/28/2020 by The Capitol National Bank reported 17 jobs and $49,300 was used to fund payroll.

Place to b inc is Existing or more than 2 years old

PLACE TO B INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLACE TO B INC

Borrower Address

36640 FORD RD

Borrower City

WESTLAND

Borrower State

MI

Borrower Zip

48185-3777

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

49300.00

Undisbursed Amount

0.00

Franchise Name

Biggby Coffee

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTLAND

Project County Name

WAYNE

Project State

MI

Project Zip

48185-3777

CD

MI-12

Jobs Reported

17

NAICS Code

999990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49300.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39535.80

Forgiveness Date

12/09/2020

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