PPP Loan information for Arbor circle corporation

$2,611,400

Arbor circle corporation was initially approved for PPP Loan of amount $2,611,400, the current approved amount is $2,611,400. The loan was approved on 04/05/2020 by The Macatawa Bank reported 284 jobs and $2,611,400 was used to fund payroll.

Arbor circle corporation is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Arbor circle corporation

ARBOR CIRCLE CORPORATION

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARBOR CIRCLE CORPORATION

Borrower Address

1115 BALL AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49505-5904

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2611400.00

Current Approval Amount

2611400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49505-5904

CD

MI-03

Jobs Reported

284

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2611400.00

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

2459489.70

Forgiveness Date

08/30/2021

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