PPP Loan information for Educational tours inc.

$243,095

Educational tours inc. was initially approved for PPP Loan of amount $243,095, the current approved amount is $243,095. The loan was approved on 01/21/2021 by The Mercantile Bank reported 21 jobs and $243,095 was used to fund payroll.

Educational tours inc. is Existing or more than 2 years old

EDUCATIONAL TOURS INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EDUCATIONAL TOURS INC.

Borrower Address

1465 S Main St Unit 1

Borrower City

Eaton Rapids

Borrower State

MI

Borrower Zip

48827-1937

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243095.00

Current Approval Amount

243095.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eaton Rapids

Project County Name

EATON

Project State

MI

Project Zip

48827-1937

CD

MI-07

Jobs Reported

21

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

243092.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

246225.26

Forgiveness Date

05/09/2022

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