PPP Loan information for Contract dewatering svc, inc.

$415,440

Contract dewatering svc, inc. was initially approved for PPP Loan of amount $415,440, the current approved amount is $415,440. The loan was approved on 04/07/2020 by The Mercantile Bank reported 25 jobs and $415,440 was used to fund payroll.

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

PPP Loan Search / MI / SARANAC / Contract dewatering svc, inc.

CONTRACT DEWATERING SVC, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CONTRACT DEWATERING SVC, INC.

Borrower Address

5820 W. RIVERSIDE DR PO BOX1

Borrower City

SARANAC

Borrower State

MI

Borrower Zip

48881-9837

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

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

8354.00

Payroll Proceed

332998.00

Mortgage Interest Proceed

0.00

Rent Proceed

10780.00

Refinance EIDL Proceed

0.00

Health Care Proceed

47810.00

Debt Interest Proceed

15498

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

420709.83

Forgiveness Date

07/21/2021

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