PPP Loan information for Canadian lakes property owners corporation

$337,295

Canadian lakes property owners corporation was initially approved for PPP Loan of amount $337,295, the current approved amount is $337,295. The loan was approved on 04/15/2020 by The Mercantile Bank reported 20 jobs and $337,295 was used to fund payroll.

Canadian lakes property owners corporation is Existing or more than 2 years old

CANADIAN LAKES PROPERTY OWNERS CORPORATION

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CANADIAN LAKES PROPERTY OWNERS CORPORATION

Borrower Address

10690 PIERCE RD

Borrower City

STANWOOD

Borrower State

MI

Borrower Zip

49346-9098

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337295.00

Current Approval Amount

337295.00

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

STANWOOD

Project County Name

MECOSTA

Project State

MI

Project Zip

49346-9098

CD

MI-02

Jobs Reported

20

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11000.00

Payroll Proceed

269053.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

57242.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

339115.47

Forgiveness Date

11/03/2020

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