PPP Loan information for Planterra corporation

$471,797

Planterra corporation was initially approved for PPP Loan of amount $471,797, the current approved amount is $471,797. The loan was approved on 02/04/2021 by The First Merchants Bank reported 54 jobs and $471,797 was used to fund payroll.

Planterra corporation is Existing or more than 2 years old

PLANTERRA CORPORATION

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PLANTERRA CORPORATION

Borrower Address

7315 Drake Rd

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48322-3164

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

471797.00

Current Approval Amount

471797.00

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

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48322-3164

CD

MI-11

Jobs Reported

54

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

471792.00

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

Unanswered

Non Profit

Forgiveness Amount

473697.11

Forgiveness Date

07/08/2021

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