PPP Loan information for Hopes outlet ministries, inc.

$136,974

Hopes outlet ministries, inc. was initially approved for PPP Loan of amount $136,974, the current approved amount is $136,974. The loan was approved on 04/14/2020 by The ChoiceOne Bank reported 32 jobs and $136,974 was used to fund payroll.

Hopes outlet ministries, inc. is New Business or 2 years or less

HOPES OUTLET MINISTRIES, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HOPES OUTLET MINISTRIES, INC.

Borrower Address

15485 RANNES ST

Borrower City

SPRING LAKE

Borrower State

MI

Borrower Zip

49456-2240

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136974.00

Current Approval Amount

136974.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPRING LAKE

Project County Name

OTTAWA

Project State

MI

Project Zip

49456-2240

CD

MI-02

Jobs Reported

32

NAICS Code

448140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136974.00

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

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

138355.00

Forgiveness Date

04/26/2021

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