PPP Loan information for Bear builders inc

$104,567

Bear builders inc was initially approved for PPP Loan of amount $104,567, the current approved amount is $104,567. The loan was approved on 04/10/2020 by The Mercantile Bank reported 15 jobs and $104,567 was used to fund payroll.

Bear builders inc is Existing or more than 2 years old

BEAR BUILDERS INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BEAR BUILDERS INC

Borrower Address

1719 PINE STUMP

Borrower City

FAIRVIEW

Borrower State

MI

Borrower Zip

48621-9768

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104567.27

Current Approval Amount

104567.27

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRVIEW

Project County Name

OSCODA

Project State

MI

Project Zip

48621-9768

CD

MI-01

Jobs Reported

15

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2818.00

Payroll Proceed

96457.27

Mortgage Interest Proceed

960.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4332

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

105349.38

Forgiveness Date

01/14/2021

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