PPP Loan information for Grace adventures

$266,760

Grace adventures was initially approved for PPP Loan of amount $266,760, the current approved amount is $266,760. The loan was approved on 04/08/2020 by The Mercantile Bank reported 28 jobs and $266,760 was used to fund payroll.

Grace adventures is Existing or more than 2 years old

PPP Loan Search / MI / MEARS / Grace adventures

GRACE ADVENTURES

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRACE ADVENTURES

Borrower Address

2100 N RIDGE RD

Borrower City

MEARS

Borrower State

MI

Borrower Zip

49436-9446

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266760.00

Current Approval Amount

266760.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEARS

Project County Name

OCEANA

Project State

MI

Project Zip

49436-9446

CD

MI-02

Jobs Reported

28

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38000.00

Payroll Proceed

183000.00

Mortgage Interest Proceed

660.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45100.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

268258.24

Forgiveness Date

11/05/2020

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