PPP Loan information for Priority 1 lending llc

$196,616

Priority 1 lending llc was initially approved for PPP Loan of amount $196,616, the current approved amount is $196,616. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 47 jobs and $196,616 was used to fund payroll.

Priority 1 lending llc is New Business or 2 years or less

PPP Loan Search / MI / LIVONIA / Priority 1 lending llc

PRIORITY 1 LENDING LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRIORITY 1 LENDING LLC

Borrower Address

38701 7 MILE RD STE 290

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48152-1091

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196616.00

Current Approval Amount

196616.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48152-1091

CD

MI-12

Jobs Reported

47

NAICS Code

522310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

196616.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198700.67

Forgiveness Date

05/27/2021

;