PPP Loan information for American redecoration inc

$125,037

American redecoration inc was initially approved for PPP Loan of amount $125,037, the current approved amount is $125,037. The loan was approved on 04/07/2020 by The Mercantile Bank reported 15 jobs and $125,037 was used to fund payroll.

American redecoration inc is Existing or more than 2 years old

PPP Loan Search / MI / GALESBURG / American redecoration inc

AMERICAN REDECORATION INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN REDECORATION INC

Borrower Address

8565 E K AVE

Borrower City

GALESBURG

Borrower State

MI

Borrower Zip

49053-9784

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125037.00

Current Approval Amount

125037.00

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

GALESBURG

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49053-9784

CD

MI-04

Jobs Reported

15

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2277.66

Payroll Proceed

115100.54

Mortgage Interest Proceed

0.00

Rent Proceed

6974.62

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

684.18

Business Type

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

125931.10

Forgiveness Date

12/31/2020

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