PPP Loan information for Somerset early childhood center, inc.

$130,100

Somerset early childhood center, inc. was initially approved for PPP Loan of amount $130,100, the current approved amount is $130,100. The loan was approved on 04/27/2020 by The Michigan State University FCU reported 12 jobs and $130,100 was used to fund payroll.

Somerset early childhood center, inc. is Existing or more than 2 years old

SOMERSET EARLY CHILDHOOD CENTER, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOMERSET EARLY CHILDHOOD CENTER, INC.

Borrower Address

1385 South Adams Road

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48309

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130100.00

Current Approval Amount

130100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99188

Servicing Lender Name

Michigan State University FCU

Servicing Lender Address

3777 West Rd

Servicing Lender City

EAST LANSING

Servicing Lender State

MI

Servicing Lender Zip

48823-8029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-0899

CD

MI-10

Jobs Reported

12

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

107400.00

Mortgage Interest Proceed

0.00

Rent Proceed

22700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99188

Originating Lender

Michigan State University FCU

Originating Lender City

EAST LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131194.27

Forgiveness Date

03/05/2021

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