PPP Loan information for Buddy's on the beach llc

$172,157

Buddy's on the beach llc was initially approved for PPP Loan of amount $172,157, the current approved amount is $172,157. The loan was approved on 06/19/2020 by The Mercantile Bank reported 23 jobs and $172,157 was used to fund payroll.

Buddy's on the beach llc is Existing or more than 2 years old

PPP Loan Search / MI / LAKE ODESSA / Buddy's on the beach llc

BUDDY'S ON THE BEACH LLC

Date Approved

06/19/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BUDDY'S ON THE BEACH LLC

Borrower Address

1223 LAKEVIEW DR

Borrower City

LAKE ODESSA

Borrower State

MI

Borrower Zip

48849-1261

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

172157.00

Current Approval Amount

172157.00

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

LAKE ODESSA

Project County Name

IONIA

Project State

MI

Project Zip

48849-1261

CD

MI-02

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

160157.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

172963.54

Forgiveness Date

12/15/2020

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