Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
HODGINS ASPHALT PAVING INC
Borrower Address
1659 S DOW RD PO BOX 720
Borrower City
WEST BRANCH
Borrower State
MI
Borrower Zip
48661-0720
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
169257.50
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OGEMAW
Project State
Project Zip
CD
MI-01
Jobs Reported
20
NAICS Code
324121
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
5375.00
Payroll Proceed
158739.50
Mortgage Interest Proceed
501.00
Rent Proceed
918.00
Refinance EIDL Proceed
Health Care Proceed
852.00
Debt Interest Proceed
2872
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
170467.81
Forgiveness Date
12/31/2020