PPP Loan information for First contracting inc

$670,347

First contracting inc was initially approved for PPP Loan of amount $670,347, the current approved amount is $670,347. The loan was approved on 04/08/2020 by The Mercantile Bank reported 45 jobs and $670,347 was used to fund payroll.

First contracting inc is Existing or more than 2 years old

FIRST CONTRACTING INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FIRST CONTRACTING INC

Borrower Address

701 S MAIN ST

Borrower City

OVID

Borrower State

MI

Borrower Zip

48866-9715

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670347.00

Current Approval Amount

670347.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OVID

Project County Name

CLINTON

Project State

MI

Project Zip

48866-9715

CD

MI-07

Jobs Reported

45

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1188.00

Payroll Proceed

622793.00

Mortgage Interest Proceed

0.00

Rent Proceed

8750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37616.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

675562.85

Forgiveness Date

01/25/2021

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