PPP Loan information for Chernard & osborn, inc

$222,500

Chernard & osborn, inc was initially approved for PPP Loan of amount $222,500, the current approved amount is $222,500. The loan was approved on 04/06/2020 by The Mercantile Bank reported 12 jobs and $222,500 was used to fund payroll.

Chernard & osborn, inc is Existing or more than 2 years old

PPP Loan Search / MI / ADA / Chernard & osborn, inc

CHERNARD & OSBORN, INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHERNARD & OSBORN, INC

Borrower Address

971 Spaulding SE Suite B

Borrower City

ADA

Borrower State

MI

Borrower Zip

49301-3705

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222500.00

Current Approval Amount

222500.00

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

ADA

Project County Name

KENT

Project State

MI

Project Zip

49301-3705

CD

MI-03

Jobs Reported

12

NAICS Code

524291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

205500.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

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

223767.95

Forgiveness Date

11/05/2020

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