PPP Loan information for Safeway food center, inc

$177,570

Safeway food center, inc was initially approved for PPP Loan of amount $177,570, the current approved amount is $177,570. The loan was approved on 04/15/2020 by The Bank of Ann Arbor reported 25 jobs and $177,570 was used to fund payroll.

Safeway food center, inc is Existing or more than 2 years old

SAFEWAY FOOD CENTER, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAFEWAY FOOD CENTER, INC

Borrower Address

18880 W 8 MILE RD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-4129

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177570.00

Current Approval Amount

177570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-4129

CD

MI-12

Jobs Reported

25

NAICS Code

445110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177570.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179686.25

Forgiveness Date

07/06/2021

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