PPP Loan information for Amg operations llc

$738,617

Amg operations llc was initially approved for PPP Loan of amount $661,307, the current approved amount is $738,617. The loan was approved on 04/08/2020 by The Mercantile Bank reported 49 jobs and $738,617 was used to fund payroll.

Amg operations llc is Existing or more than 2 years old

AMG OPERATIONS LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMG OPERATIONS LLC

Borrower Address

460 Ada Drive, Suite 220

Borrower City

ADA

Borrower State

MI

Borrower Zip

49301-8437

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661307.00

Current Approval Amount

738617.00

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

ADA

Project County Name

KENT

Project State

MI

Project Zip

49301-8437

CD

MI-03

Jobs Reported

49

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33065.00

Payroll Proceed

553963.00

Mortgage Interest Proceed

0.00

Rent Proceed

151589.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744141.45

Forgiveness Date

01/12/2021

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