Avalon Nonprofit Housing Corporation

$771,635 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
1316607107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$771,635
Current Approval
$771,635
Forgiveness Amount
$777,956
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Avalon Nonprofit Housing Corporation
Address
1327 Jones Dr Ste 102
ZIP Code
48105-1820
Business Type
Non-Profit Organization
Industry (NAICS)
Real Estate and Rental and Leasing (531110)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$748,635
Rent
$20,000
Utilities
$3,000

Lender Information

Servicing Lender
Chelsea State Bank
Originating Lender
Chelsea State Bank

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