PPP Loan information for Great lakes bindery inc.

$285,547

Great lakes bindery inc. was initially approved for PPP Loan of amount $285,547, the current approved amount is $285,547. The loan was approved on 01/28/2021 by The Mercantile Bank reported 21 jobs and $285,547 was used to fund payroll.

Great lakes bindery inc. is Existing or more than 2 years old

GREAT LAKES BINDERY INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GREAT LAKES BINDERY INC.

Borrower Address

3741 Linden Ave SW

Borrower City

Wyoming

Borrower State

MI

Borrower Zip

49548

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

285547.00

Current Approval Amount

285547.00

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

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

49548

CD

MI-02

Jobs Reported

21

NAICS Code

323117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

285545.00

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

Subchapter S 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

288011.31

Forgiveness Date

12/14/2021

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