Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
GOURMET INTERNATIONAL, LTD.
Borrower Address
5253 PATTERSON AVE SE
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49512-9625
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
834925.00
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
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
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
75
NAICS Code
445299
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
14300.00
Payroll Proceed
672125.00
Mortgage Interest Proceed
Rent Proceed
90000.00
Refinance EIDL Proceed
Health Care Proceed
37700.00
Debt Interest Proceed
20800
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
839728.68
Forgiveness Date
11/12/2020