PPP Loan information for Brown custom homes and remodeling inc

$245,245

Brown custom homes and remodeling inc was initially approved for PPP Loan of amount $245,245, the current approved amount is $245,245. The loan was approved on 04/08/2020 by The Mercantile Bank reported 25 jobs and $245,245 was used to fund payroll.

Brown custom homes and remodeling inc is Existing or more than 2 years old

BROWN CUSTOM HOMES AND REMODELING INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BROWN CUSTOM HOMES AND REMODELING INC

Borrower Address

2612 MILLER RD

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49001-4167

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245245.00

Current Approval Amount

245245.00

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

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-4167

CD

MI-04

Jobs Reported

25

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5742.00

Payroll Proceed

207980.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19523.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246857.57

Forgiveness Date

12/10/2020

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