PPP Loan information for Svec construction company

$124,500

Svec construction company was initially approved for PPP Loan of amount $124,500, the current approved amount is $124,500. The loan was approved on 04/28/2020 by The State Savings Bank reported 10 jobs and $124,500 was used to fund payroll.

Svec construction company is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Svec construction company

SVEC CONSTRUCTION COMPANY

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SVEC CONSTRUCTION COMPANY

Borrower Address

2748 GARFIELD RD N STE 18

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-5086

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124500.00

Current Approval Amount

124500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-5086

CD

MI-01

Jobs Reported

10

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

111100.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4400

Business Type

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125301.58

Forgiveness Date

12/22/2020

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