PPP Loan information for Ferris coffee & nut company

$984,200

Ferris coffee & nut company was initially approved for PPP Loan of amount $984,200, the current approved amount is $984,200. The loan was approved on 04/04/2020 by The Macatawa Bank reported 78 jobs and $984,200 was used to fund payroll.

Ferris coffee & nut company is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Ferris coffee & nut company

FERRIS COFFEE & NUT COMPANY

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERRIS COFFEE & NUT COMPANY

Borrower Address

839 SEWARD AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-5198

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

984200.00

Current Approval Amount

984200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-5198

CD

MI-03

Jobs Reported

78

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

984200.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

989646.81

Forgiveness Date

11/03/2020

;