Date Approved
04/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
BEMADA SERVICES, INC.
Borrower Address
2383 TAMARACK ST
Borrower City
LAKE ODESSA
Borrower State
MI
Borrower Zip
48849-9592
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
47352.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
IONIA
Project State
Project Zip
CD
MI-02
Jobs Reported
9
NAICS Code
492110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
10870.00
Payroll Proceed
35520.00
Mortgage Interest Proceed
962.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
47916.33
Forgiveness Date
06/28/2021