Adoption Option

$329,437 PPP Loan in Midland, Michigan

Loan Details

Loan Number
9342397105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$329,437
Current Approval
$281,870
Forgiveness Amount
$283,592
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Adoption Option
Address
4008 Wackerly Rd
ZIP Code
48641
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$225,496
Rent
$56,374

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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