PPP Loan information for Allergy & asthma associates of michigan, p.c.

$551,507

Allergy & asthma associates of michigan, p.c. was initially approved for PPP Loan of amount $551,507, the current approved amount is $551,507. The loan was approved on 04/16/2020 by The Mercantile Bank reported 44 jobs and $551,507 was used to fund payroll.

Allergy & asthma associates of michigan, p.c. is Existing or more than 2 years old

ALLERGY & ASTHMA ASSOCIATES OF MICHIGAN, P.C.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALLERGY & ASTHMA ASSOCIATES OF MICHIGAN, P.C.

Borrower Address

3600 W. 13 Mile ROad

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48073-6711

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551507.00

Current Approval Amount

551507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48073-6711

CD

MI-11

Jobs Reported

44

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

450007.00

Mortgage Interest Proceed

0.00

Rent Proceed

51500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

558548.16

Forgiveness Date

08/02/2021

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