PPP Loan information for Eq grounds, llc

$60,703

Eq grounds, llc was initially approved for PPP Loan of amount $60,703, the current approved amount is $60,703. The loan was approved on 04/07/2020 by The Mercantile Bank reported 7 jobs and $60,703 was used to fund payroll.

Eq grounds, llc is Existing or more than 2 years old

EQ GROUNDS, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EQ GROUNDS, LLC

Borrower Address

1090 DORIS RD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-2613

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60702.50

Current Approval Amount

60702.50

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

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-2613

CD

MI-11

Jobs Reported

7

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1198.00

Payroll Proceed

47074.50

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1330.00

Debt Interest Proceed

1100

Business Type

Limited Liability Company(LLC)

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

57044.27

Forgiveness Date

11/20/2020

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