PPP Loan information for Contract dewatering services inc.

$415,440

Contract dewatering services inc. was initially approved for PPP Loan of amount $415,440, the current approved amount is $415,440. The loan was approved on 04/20/2021 by The Mercantile Bank reported 25 jobs and $415,440 was used to fund payroll.

Contract dewatering services inc. is Existing or more than 2 years old

CONTRACT DEWATERING SERVICES INC.

Date Approved

04/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CONTRACT DEWATERING SERVICES INC.

Borrower Address

5820 Riverside Dr

Borrower City

Saranac

Borrower State

MI

Borrower Zip

48881-9837

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

415440.00

Current Approval Amount

415440.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saranac

Project County Name

IONIA

Project State

MI

Project Zip

48881-9837

CD

MI-02

Jobs Reported

25

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

415438.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

418922.87

Forgiveness Date

02/23/2022

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