PPP Loan information for St. mary's cultural center

$243,120

St. mary's cultural center was initially approved for PPP Loan of amount $243,120, the current approved amount is $243,120. The loan was approved on 01/21/2021 by The Independent Bank reported 35 jobs and $243,120 was used to fund payroll.

St. mary's cultural center is Existing or more than 2 years old

ST. MARY'S CULTURAL CENTER

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ST. MARY'S CULTURAL CENTER

Borrower Address

18100 Merriman Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48152-4310

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243120.00

Current Approval Amount

243120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48152-4310

CD

MI-12

Jobs Reported

35

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

243118.00

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

Non-Profit Organization

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

245584.50

Forgiveness Date

02/03/2022

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