PPP Loan information for Grand villa, inc.

$228,807

Grand villa, inc. was initially approved for PPP Loan of amount $228,807, the current approved amount is $228,807. The loan was approved on 04/08/2020 by The Mercantile Bank reported 57 jobs and $228,807 was used to fund payroll.

Grand villa, inc. is Existing or more than 2 years old

GRAND VILLA, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND VILLA, INC.

Borrower Address

3594 CHICAGO DR SW

Borrower City

GRANDVILLE

Borrower State

MI

Borrower Zip

49418-2928

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228807.00

Current Approval Amount

228807.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANDVILLE

Project County Name

KENT

Project State

MI

Project Zip

49418-2928

CD

MI-02

Jobs Reported

57

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16469.00

Payroll Proceed

183046.00

Mortgage Interest Proceed

10096.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8188.00

Debt Interest Proceed

11008

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231220.44

Forgiveness Date

05/06/2021

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