PPP Loan information for Hope network

$10,000,000

Hope network was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/21/2021 by The Macatawa Bank reported 202 jobs and $10,000,000 was used to fund payroll.

Hope network is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Hope network

HOPE NETWORK

Date Approved

04/21/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOPE NETWORK

Borrower Address

3075 Orchard Vista Dr SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49546-7069

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49546-7069

CD

MI-03

Jobs Reported

202

NAICS Code

621420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

501(c)3 – Non Profit

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

10075342.47

Forgiveness Date

02/03/2022

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