PPP Loan information for Jay's outdoors llc

$1,402,003

Jay's outdoors llc was initially approved for PPP Loan of amount $1,402,003, the current approved amount is $1,402,003. The loan was approved on 04/06/2020 by The Mercantile Bank reported 209 jobs and $1,402,003 was used to fund payroll.

Jay's outdoors llc is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Jay's outdoors llc

JAY'S OUTDOORS LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JAY'S OUTDOORS LLC

Borrower Address

8800 S CLARE AVE

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-8635

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1402002.50

Current Approval Amount

1402002.50

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

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-8635

CD

MI-02

Jobs Reported

209

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

1024292.00

Mortgage Interest Proceed

0.00

Rent Proceed

94584.50

Refinance EIDL Proceed

0.00

Health Care Proceed

218126.00

Debt Interest Proceed

30000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1409876.76

Forgiveness Date

11/05/2020

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