Date Approved
02/18/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
MICHIGAN CLIPPERS INC.
Borrower Address
22780 Deerfield Rd
Borrower City
Novi
Borrower State
MI
Borrower Zip
48375-4432
Loan Status Date
Loan Status
Exemption 4
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
51665.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Great Clips
Servicing Lender Location Id
35292
Servicing Lender Name
Superior National Bank
Servicing Lender Address
235 Quincy St
Servicing Lender City
HANCOCK
Servicing Lender State
Servicing Lender Zip
49930-1816
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-06
Jobs Reported
7
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
51663.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
52245.35
Forgiveness Date
04/05/2022