PPP Loan information for Cant knot pallet inc.

$30,980

Cant knot pallet inc. was initially approved for PPP Loan of amount $30,980, the current approved amount is $30,980. The loan was approved on 04/08/2020 by The Mercantile Bank reported 6 jobs and $30,980 was used to fund payroll.

Cant knot pallet inc. is New Business or 2 years or less

CANT KNOT PALLET INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CANT KNOT PALLET INC.

Borrower Address

2500 MAJOR MOUNTAIN RD

Borrower City

HARRISON

Borrower State

MI

Borrower Zip

48625-8211

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30980.00

Current Approval Amount

30980.00

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

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HARRISON

Project County Name

CLARE

Project State

MI

Project Zip

48625-8211

CD

MI-04

Jobs Reported

6

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

625.00

Payroll Proceed

28045.00

Mortgage Interest Proceed

0.00

Rent Proceed

1750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

560

Business Type

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

31175.22

Forgiveness Date

12/02/2020

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