PPP Loan information for Distinctive group, inc.

$304,435

Distinctive group, inc. was initially approved for PPP Loan of amount $304,435, the current approved amount is $304,435. The loan was approved on 04/08/2020 by The Mercantile Bank reported 19 jobs and $304,435 was used to fund payroll.

Distinctive group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ZEELAND / Distinctive group, inc.

DISTINCTIVE GROUP, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DISTINCTIVE GROUP, INC.

Borrower Address

759 CONSTRUCTION CT STE 2

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-8755

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

304435.00

Current Approval Amount

304435.00

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

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-8755

CD

MI-02

Jobs Reported

19

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1658.00

Payroll Proceed

293471.00

Mortgage Interest Proceed

0.00

Rent Proceed

500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7612.00

Debt Interest Proceed

1194

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

306820.44

Forgiveness Date

01/26/2021

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