PPP Loan information for Davenport masonry inc.

$2,000,000

Davenport masonry inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Mercantile Bank reported 136 jobs and $2,000,000 was used to fund payroll.

Davenport masonry inc. is Existing or more than 2 years old

DAVENPORT MASONRY INC.

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DAVENPORT MASONRY INC.

Borrower Address

1445 Edgar Rd

Borrower City

Holt

Borrower State

MI

Borrower Zip

48842-1815

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holt

Project County Name

INGHAM

Project State

MI

Project Zip

48842-1815

CD

MI-07

Jobs Reported

136

NAICS Code

238140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018904.11

Forgiveness Date

01/20/2022

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