PPP Loan information for Adoption associates inc.

$172,900

Adoption associates inc. was initially approved for PPP Loan of amount $172,900, the current approved amount is $172,900. The loan was approved on 03/24/2021 by The Macatawa Bank reported 27 jobs and $172,900 was used to fund payroll.

Adoption associates inc. is Existing or more than 2 years old

ADOPTION ASSOCIATES INC.

Date Approved

03/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADOPTION ASSOCIATES INC.

Borrower Address

1338 Baldwin St

Borrower City

Jenison

Borrower State

MI

Borrower Zip

49428-8937

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172900.00

Current Approval Amount

172900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jenison

Project County Name

OTTAWA

Project State

MI

Project Zip

49428-8937

CD

MI-02

Jobs Reported

27

NAICS Code

624110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

172898.00

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

Non-Profit Organization

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

174501.10

Forgiveness Date

03/10/2022

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