Date Approved
01/28/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
COCO JOE'S BEACH HOUSE INC.
Borrower Address
2000 S Mission St
Borrower City
Mt Pleasant
Borrower State
MI
Borrower Zip
48858-4425
Loan Status Date
02/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
185990.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ISABELLA
Project State
Project Zip
CD
MI-02
Jobs Reported
20
NAICS Code
722410
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
185984.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
187697.03
Forgiveness Date
01/03/2022