PPP Loan information for Michaels incorporated
$184,382
Michaels incorporated was initially approved for PPP Loan of amount $184,382, the current approved amount is $184,382. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 42 jobs and $184,382 was used to fund payroll.
Michaels incorporated is Existing or more than 2 years old
MICHAELS INCORPORATED
Date Approved
04/14/2020
SBA Office Code
0682
Processing Method
PPP
Borrower Name
MICHAELS INCORPORATED
Borrower Address
304 PASEO
Borrower City
TAOS
Borrower State
NM
Borrower Zip
87571
Loan Status Date
01/15/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
184382.00
Current Approval Amount
184382.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
53803
Servicing Lender Name
U.S. Bank, National Association
Servicing Lender Address
425 Walnut St
Servicing Lender City
CINCINNATI
Servicing Lender State
OH
Servicing Lender Zip
45202-3956
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
TAOS
Project County Name
TAOS
Project State
NM
Project Zip
87571-0001
CD
NM-03
Jobs Reported
42
NAICS Code
722511
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
184382.00
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
53803
Originating Lender
U.S. Bank, National Association
Originating Lender City
CINCINNATI
Originating Lender State
OH
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
187434.55
Forgiveness Date
12/06/2021