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 04/27/2020 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

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EDUCATIONAL TOURS, INC.

Borrower Address

4205 CHARLAR DR Suite 4

Borrower City

HOLT

Borrower State

MI

Borrower Zip

48842-6809

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

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

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

48842-6809

CD

MI-07

Jobs Reported

21

NAICS Code

561520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1910.00

Payroll Proceed

216087.20

Mortgage Interest Proceed

0.00

Rent Proceed

11702.70

Refinance EIDL Proceed

0.00

Health Care Proceed

13395.10

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

245432.71

Forgiveness Date

04/15/2021

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