PPP Loan information for The potent potables project

$428,700

The potent potables project was initially approved for PPP Loan of amount $428,700, the current approved amount is $428,700. The loan was approved on 01/25/2021 by The Capitol National Bank reported 64 jobs and $428,700 was used to fund payroll.

The potent potables project is Existing or more than 2 years old

PPP Loan Search / MI / Lansing / The potent potables project

THE POTENT POTABLES PROJECT

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE POTENT POTABLES PROJECT

Borrower Address

1210 N Cedar St

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48906-4451

Loan Status Date

01/06/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

428700.00

Current Approval Amount

428700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48906-4451

CD

MI-07

Jobs Reported

64

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

428697.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

436761.94

Forgiveness Date

12/08/2022

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