PPP Loan information for 1601 beach, llc

$302,500

1601 beach, llc was initially approved for PPP Loan of amount $302,500, the current approved amount is $302,500. The loan was approved on 05/26/2020 by The Independent Bank reported 88 jobs and $302,500 was used to fund payroll.

1601 beach, llc is Existing or more than 2 years old

1601 BEACH, LLC

Date Approved

05/26/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

1601 BEACH, LLC

Borrower Address

1601 BEACH ST

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49441-1091

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302500.00

Current Approval Amount

302500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-1091

CD

MI-02

Jobs Reported

88

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306188.01

Forgiveness Date

08/18/2021

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