Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
FERMAN ENTERPRISES LLC
Borrower Address
1405 W STATE ST
Borrower City
BELDING
Borrower State
MI
Borrower Zip
48809-9217
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
41637.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
IONIA
Project State
Project Zip
CD
MI-02
Jobs Reported
3
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2200.00
Payroll Proceed
37687.00
Mortgage Interest Proceed
750.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
1000
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
41909.64
Forgiveness Date
12/14/2020