PPP Loan information for Isabella county medical care facility

$1,461,535

Isabella county medical care facility was initially approved for PPP Loan of amount $1,461,535, the current approved amount is $1,461,535. The loan was approved on 08/06/2020 by The Mercantile Bank reported 170 jobs and $1,461,535 was used to fund payroll.

Isabella county medical care facility is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Isabella county medical care facility

ISABELLA COUNTY MEDICAL CARE FACILITY

Date Approved

08/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ISABELLA COUNTY MEDICAL CARE FACILITY

Borrower Address

1222 NORTH DR

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-3200

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1461535.00

Current Approval Amount

1461535.00

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

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-3200

CD

MI-02

Jobs Reported

170

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

1458535.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

1000

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1476350.56

Forgiveness Date

08/18/2021

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