Date Approved
04/09/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
FINAO, L.L.C.
Borrower Address
905 Forest Park Rd.
Borrower City
NORTON SHORES
Borrower State
MI
Borrower Zip
49441-4675
Loan Status Date
10/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
100114.00
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
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MUSKEGON
Project State
Project Zip
CD
MI-02
Jobs Reported
NAICS Code
512131
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
11450.00
Payroll Proceed
75536.00
Mortgage Interest Proceed
Rent Proceed
3000.00
Refinance EIDL Proceed
Health Care Proceed
2928.00
Debt Interest Proceed
7200
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
66111.98
Forgiveness Date
09/07/2021