PPP Loan information for Beck's propane and marine, inc

$371,594

Beck's propane and marine, inc was initially approved for PPP Loan of amount $371,594, the current approved amount is $371,594. The loan was approved on 04/08/2020 by The Mercantile Bank reported 29 jobs and $371,594 was used to fund payroll.

Beck's propane and marine, inc is Existing or more than 2 years old

PPP Loan Search / MI / SAINT JOHNS / Beck's propane and marine, inc

BECK'S PROPANE AND MARINE, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BECK'S PROPANE AND MARINE, INC

Borrower Address

7607 US HIGHWAY 27

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-9424

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371594.00

Current Approval Amount

371594.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-9424

CD

MI-04

Jobs Reported

29

NAICS Code

713930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5850.00

Payroll Proceed

336414.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4330.00

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

373986.45

Forgiveness Date

12/08/2020

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