PPP Loan information for Beacon of hope

$31,600

Beacon of hope was initially approved for PPP Loan of amount $31,600, the current approved amount is $31,600. The loan was approved on 04/14/2020 by The Macatawa Bank reported 7 jobs and $31,600 was used to fund payroll.

Beacon of hope is Existing or more than 2 years old

BEACON OF HOPE

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BEACON OF HOPE

Borrower Address

225 W 30TH ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-6928

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31600.00

Current Approval Amount

31600.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-6928

CD

MI-02

Jobs Reported

7

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31600.00

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

31744.58

Forgiveness Date

10/09/2020

;