PPP Loan information for Intercare community health network

$2,728,031

Intercare community health network was initially approved for PPP Loan of amount $2,728,030, the current approved amount is $2,728,031. The loan was approved on 04/08/2020 by The Horizon Bank reported 187 jobs and $2,728,031 was used to fund payroll.

Intercare community health network is Existing or more than 2 years old

INTERCARE COMMUNITY HEALTH NETWORK

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTERCARE COMMUNITY HEALTH NETWORK

Borrower Address

50 Industrial Park Drive

Borrower City

BANGOR

Borrower State

MI

Borrower Zip

49013

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2728030.00

Current Approval Amount

2728031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

VAN BUREN

Project State

MI

Project Zip

49013-0001

CD

MI-04

Jobs Reported

187

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

181868.67

Payroll Proceed

2182425.00

Mortgage Interest Proceed

181868.67

Rent Proceed

181868.66

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2771828.98

Forgiveness Date

11/24/2021

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