PPP Loan information for Cedar crest dairy inc

$1,303,327

Cedar crest dairy inc was initially approved for PPP Loan of amount $1,303,327, the current approved amount is $1,303,327. The loan was approved on 04/08/2020 by The Mercantile Bank reported 105 jobs and $1,303,327 was used to fund payroll.

Cedar crest dairy inc is Existing or more than 2 years old

PPP Loan Search / MI / HUDSONVILLE / Cedar crest dairy inc

CEDAR CREST DAIRY INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CEDAR CREST DAIRY INC

Borrower Address

5850 BALSAM DR

Borrower City

HUDSONVILLE

Borrower State

MI

Borrower Zip

49426-1105

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1303327.00

Current Approval Amount

1303327.00

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

HUDSONVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-1105

CD

MI-02

Jobs Reported

105

NAICS Code

424410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38000.00

Payroll Proceed

1073637.00

Mortgage Interest Proceed

0.00

Rent Proceed

125724.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65966.00

Debt Interest Proceed

0

Business Type

Corporation

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

1310861.30

Forgiveness Date

11/12/2020

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