PPP Loan information for Tropical management holdings, inc.

$362,900

Tropical management holdings, inc. was initially approved for PPP Loan of amount $352,300, the current approved amount is $362,900. The loan was approved on 04/08/2020 by The Loan Source Incorporated reported 76 jobs and $362,900 was used to fund payroll.

Tropical management holdings, inc. is Existing or more than 2 years old

PPP Loan Search / MI / SOUTHFIELD / Tropical management holdings, inc.

TROPICAL MANAGEMENT HOLDINGS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TROPICAL MANAGEMENT HOLDINGS, INC.

Borrower Address

25212 EVERGREEN RD

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48075-1760

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352300.00

Current Approval Amount

362900.00

Undisbursed Amount

0.00

Franchise Name

Tropical Smoothie Cafe

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-1760

CD

MI-12

Jobs Reported

76

NAICS Code

533110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362900.00

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

Corporation

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

365664.01

Forgiveness Date

01/26/2021

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