PPP Loan information for General agency company, inc.

$582,487

General agency company, inc. was initially approved for PPP Loan of amount $582,487, the current approved amount is $582,487. The loan was approved on 04/08/2020 by The Mercantile Bank reported 49 jobs and $582,487 was used to fund payroll.

General agency company, inc. is Existing or more than 2 years old

GENERAL AGENCY COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENERAL AGENCY COMPANY, INC.

Borrower Address

525 BROADWAY ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-2725

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582487.00

Current Approval Amount

582487.00

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

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-2725

CD

MI-02

Jobs Reported

49

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582487.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586061.71

Forgiveness Date

11/24/2020

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