PPP Loan information for Bralyn, inc.

$207,342

Bralyn, inc. was initially approved for PPP Loan of amount $207,342, the current approved amount is $207,342. The loan was approved on 04/07/2020 by The Mercantile Bank reported 20 jobs and $207,342 was used to fund payroll.

Bralyn, inc. is Existing or more than 2 years old

BRALYN, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BRALYN, INC.

Borrower Address

203 STICKNEY RIDGE RD

Borrower City

GRAND HAVEN

Borrower State

MI

Borrower Zip

49417-8632

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207342.00

Current Approval Amount

207342.00

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

GRAND HAVEN

Project County Name

OTTAWA

Project State

MI

Project Zip

49417-8632

CD

MI-03

Jobs Reported

20

NAICS Code

334418

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16976.00

Payroll Proceed

165874.00

Mortgage Interest Proceed

0.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17492.00

Debt Interest Proceed

0

Business Type

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

208495.16

Forgiveness Date

11/03/2020

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