Founders Collection 1, LLC
$100,000 PPP Loan in Sault Sainte Marie, Michigan
Loan Details
- Loan Number
- 6121437107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $100,000
- Current Approval
- $100,000
- Forgiveness Amount
- $100,814
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Founders Collection 1, LLC
- Address
- 240 W Portage Ave
- State
- Michigan
- ZIP Code
- 49783-1922
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 20
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $75,000
- Utilities
- $5,000
- Mortgage Interest
- $15,000
- Debt Interest
- $5,000
Lender Information
- Servicing Lender
- Superior National Bank
- Originating Lender
- Superior National Bank
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