PPP Loan information for Burnside acquisition, llc

$512,900

Burnside acquisition, llc was initially approved for PPP Loan of amount $512,900, the current approved amount is $512,900. The loan was approved on 04/04/2020 by The Macatawa Bank reported 45 jobs and $512,900 was used to fund payroll.

Burnside acquisition, llc is Existing or more than 2 years old

PPP Loan Search / MI / NORTON SHORES / Burnside acquisition, llc

BURNSIDE ACQUISITION, LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BURNSIDE ACQUISITION, LLC

Borrower Address

6830 GRAND HAVEN RD

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49456-9616

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512900.00

Current Approval Amount

512900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49456-9616

CD

MI-02

Jobs Reported

45

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

512900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

515850.93

Forgiveness Date

11/12/2020

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