Date Approved
04/13/2021
SBA Office Code
0515
Processing Method
PPP
Borrower Name
TERRENCE LOFTON
Borrower Address
5171 Rock Run
Borrower City
West Bloomfield
Borrower State
MI
Borrower Zip
48322-2124
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.33
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
530223
Servicing Lender Name
American Lending Center
Servicing Lender Address
1 World Trade Center, Suite 1130
Servicing Lender City
Long Beach
Servicing Lender State
CA
Servicing Lender Zip
90831
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
1
NAICS Code
812990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20891.20
Forgiveness Date
08/02/2021