PPP Loan information for Aseltine cider company

$92,215

Aseltine cider company was initially approved for PPP Loan of amount $92,215, the current approved amount is $92,215. The loan was approved on 02/27/2021 by The Mercantile Bank reported 8 jobs and $92,215 was used to fund payroll.

Aseltine cider company is Existing or more than 2 years old

ASELTINE CIDER COMPANY

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASELTINE CIDER COMPANY

Borrower Address

573 Lamoreaux Dr NW

Borrower City

Comstock Park

Borrower State

MI

Borrower Zip

49321-9204

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92215.00

Current Approval Amount

92215.00

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

Comstock Park

Project County Name

KENT

Project State

MI

Project Zip

49321-9204

CD

MI-03

Jobs Reported

8

NAICS Code

311411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

92214.00

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

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

93043.67

Forgiveness Date

01/26/2022

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