Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
JACOB HEGLUND REALTY, LLC
Borrower Address
545 ADA DR
Borrower City
ADA
Borrower State
MI
Borrower Zip
49301-9000
Loan Status Date
03/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
40722.00
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
4
NAICS Code
531210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1273.00
Payroll Proceed
30072.00
Mortgage Interest Proceed
Rent Proceed
9000.00
Refinance EIDL Proceed
Health Care Proceed
377.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
41073.44
Forgiveness Date
02/25/2021