PPP Loan information for Ferris coffee & nut company

$938,800

Ferris coffee & nut company was initially approved for PPP Loan of amount $938,800, the current approved amount is $938,800. The loan was approved on 01/26/2021 by The Macatawa Bank reported 109 jobs and $938,800 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

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FERRIS COFFEE & NUT COMPANY

Borrower Address

839 Seward Ave NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49504-5198

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

938800.00

Current Approval Amount

938800.00

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

109

NAICS Code

311911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

938798.00

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

942117.95

Forgiveness Date

06/15/2021

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