PPP Loan information for Hedlund plumbing company

$268,004

Hedlund plumbing company was initially approved for PPP Loan of amount $268,004, the current approved amount is $268,004. The loan was approved on 04/09/2020 by The Mercantile Bank reported 23 jobs and $268,004 was used to fund payroll.

Hedlund plumbing company is Existing or more than 2 years old

PPP Loan Search / MI / GRAND LEDGE / Hedlund plumbing company

HEDLUND PLUMBING COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HEDLUND PLUMBING COMPANY

Borrower Address

7974 GRAND RIVER HWY

Borrower City

GRAND LEDGE

Borrower State

MI

Borrower Zip

48837-8212

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268004.00

Current Approval Amount

268004.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND LEDGE

Project County Name

CLINTON

Project State

MI

Project Zip

48837-8212

CD

MI-07

Jobs Reported

23

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1100.00

Payroll Proceed

250904.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

269597.34

Forgiveness Date

11/19/2020

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