PPP Loan information for Michael ferrell

$20,825

Michael ferrell was initially approved for PPP Loan of amount $20,825, the current approved amount is $20,825. The loan was approved on 02/04/2021 by The Readycap Lending, LLC reported 1 jobs and $20,825 was used to fund payroll.

Michael ferrell is Existing or more than 2 years old

MICHAEL FERRELL

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MICHAEL FERRELL

Borrower Address

4930 Lincoln Dr

Borrower City

Edina

Borrower State

MN

Borrower Zip

55436-1071

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20825.00

Current Approval Amount

20825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55436-1071

CD

MN-03

Jobs Reported

1

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20825.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20979.62

Forgiveness Date

11/10/2021

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