Michigan Education Association - Nea

$6,420,500 PPP Loan in East Lansing, Michigan

Loan Details

Loan Number
2829627309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$6,420,500
Current Approval
$6,420,500
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Education Association - Nea
Address
1216 Kendale Blvd.
ZIP Code
48826-2573
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813930)
Business Age
Existing or more than 2 years old
Jobs Reported
285
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$5,136,421
Mortgage Interest
$1,284,079

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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