PPP Loan information for Custom sales and marketing inc

$146,628

Custom sales and marketing inc was initially approved for PPP Loan of amount $146,628, the current approved amount is $146,628. The loan was approved on 04/07/2020 by The Mercantile Bank reported 11 jobs and $146,628 was used to fund payroll.

Custom sales and marketing inc is Existing or more than 2 years old

CUSTOM SALES AND MARKETING INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CUSTOM SALES AND MARKETING INC

Borrower Address

6355 BELMONT AVE SUITE 100

Borrower City

BELMONT

Borrower State

MI

Borrower Zip

49306-8718

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146627.50

Current Approval Amount

146627.50

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

BELMONT

Project County Name

KENT

Project State

MI

Project Zip

49306-8718

CD

MI-03

Jobs Reported

11

NAICS Code

425120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2262.00

Payroll Proceed

122165.50

Mortgage Interest Proceed

3300.00

Rent Proceed

17600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1300

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147993.35

Forgiveness Date

03/22/2021

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