PPP Loan information for Close to home assisted living riegel, llc

$130,970

Close to home assisted living riegel, llc was initially approved for PPP Loan of amount $123,182, the current approved amount is $130,970. The loan was approved on 04/09/2020 by The Mercantile Bank reported 38 jobs and $130,970 was used to fund payroll.

Close to home assisted living riegel, llc is Existing or more than 2 years old

CLOSE TO HOME ASSISTED LIVING RIEGEL, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLOSE TO HOME ASSISTED LIVING RIEGEL, LLC

Borrower Address

325 COMMERCE CT

Borrower City

GLADWIN

Borrower State

MI

Borrower Zip

48624-1225

Loan Status Date

11/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123182.00

Current Approval Amount

130970.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GLADWIN

Project County Name

GLADWIN

Project State

MI

Project Zip

48624-1225

CD

MI-04

Jobs Reported

38

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7600.00

Payroll Proceed

106334.00

Mortgage Interest Proceed

17036.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

132721.05

Forgiveness Date

08/18/2021

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