PPP Loan information for Grace christian university

$1,332,500

Grace christian university was initially approved for PPP Loan of amount $1,332,500, the current approved amount is $1,332,500. The loan was approved on 02/11/2021 by The Macatawa Bank reported 113 jobs and $1,332,500 was used to fund payroll.

Grace christian university is Existing or more than 2 years old

GRACE CHRISTIAN UNIVERSITY

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRACE CHRISTIAN UNIVERSITY

Borrower Address

1011 Aldon St SW

Borrower City

Wyoming

Borrower State

MI

Borrower Zip

49509-1921

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1332500.00

Current Approval Amount

1332500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wyoming

Project County Name

KENT

Project State

MI

Project Zip

49509-1921

CD

MI-03

Jobs Reported

113

NAICS Code

923110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1332495.00

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

Non-Profit Organization

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1342466.37

Forgiveness Date

11/23/2021

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