Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
INVESTMENT PROPERTY MANAGEMENT, INC.
Borrower Address
HEALTH DR
Borrower City
WYOMING
Borrower State
MI
Borrower Zip
49519-9702
Loan Status Date
05/11/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
83011.00
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
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
2
NAICS Code
531312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1500.00
Payroll Proceed
77511.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
4000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
60224.77
Forgiveness Date
05/10/2021