Date Approved
02/04/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
IDA RED'S COTTAGE L.L.C.
Borrower Address
645 Water St.
Borrower City
Saugatuck
Borrower State
MI
Borrower Zip
49453
Loan Status Date
01/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
39733.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99541
Servicing Lender Name
United FCU
Servicing Lender Address
150 Hilltop Rd
Servicing Lender City
SAINT JOSEPH
Servicing Lender State
Servicing Lender Zip
49085-2381
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALLEGAN
Project State
Project Zip
CD
MI-06
Jobs Reported
8
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
39730.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
40028.00
Forgiveness Date
11/09/2021