PPP Loan information for Divergence inc

$45,585

Divergence inc was initially approved for PPP Loan of amount $45,585, the current approved amount is $45,585. The loan was approved on 04/09/2020 by The Mercantile Bank reported 12 jobs and $45,585 was used to fund payroll.

Divergence inc is Existing or more than 2 years old

PPP Loan Search / MI / FARWELL / Divergence inc

DIVERGENCE INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DIVERGENCE INC

Borrower Address

2580 E HUCKLEBERRY TRL

Borrower City

FARWELL

Borrower State

MI

Borrower Zip

48622-9766

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45585.00

Current Approval Amount

45585.00

Undisbursed Amount

0.00

Franchise Name

UBREAKIFIX

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARWELL

Project County Name

CLARE

Project State

MI

Project Zip

48622-9766

CD

MI-02

Jobs Reported

12

NAICS Code

811211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

585.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45897.23

Forgiveness Date

12/22/2020

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