PPP Loan information for Alma family practice, pc

$330,500

Alma family practice, pc was initially approved for PPP Loan of amount $330,500, the current approved amount is $330,500. The loan was approved on 04/08/2020 by The Mercantile Bank reported 27 jobs and $330,500 was used to fund payroll.

Alma family practice, pc is Existing or more than 2 years old

PPP Loan Search / MI / ALMA / Alma family practice, pc

ALMA FAMILY PRACTICE, PC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ALMA FAMILY PRACTICE, PC

Borrower Address

1335 N Pine Ave

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-1242

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

330500.00

Current Approval Amount

330500.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-1242

CD

MI-02

Jobs Reported

27

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5331.00

Payroll Proceed

297450.00

Mortgage Interest Proceed

5719.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

322335.19

Forgiveness Date

11/12/2020

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