PPP Loan information for Jay's furniture, inc.

$39,944

Jay's furniture, inc. was initially approved for PPP Loan of amount $39,944, the current approved amount is $39,944. The loan was approved on 04/07/2020 by The Mercantile Bank reported 6 jobs and $39,944 was used to fund payroll.

Jay's furniture, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ELWELL / Jay's furniture, inc.

JAY'S FURNITURE, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAY'S FURNITURE, INC.

Borrower Address

7651 PINGREE RD

Borrower City

ELWELL

Borrower State

MI

Borrower Zip

48832-9712

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39944.00

Current Approval Amount

39944.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELWELL

Project County Name

GRATIOT

Project State

MI

Project Zip

48832-9712

CD

MI-02

Jobs Reported

6

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

29958.00

Mortgage Interest Proceed

640.00

Rent Proceed

3781.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2390.00

Debt Interest Proceed

675

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40254.80

Forgiveness Date

01/25/2021

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