Date Approved
02/13/2021
SBA Office Code
0515
Processing Method
PPP
Borrower Name
KARL MERCHANT
Borrower Address
234 S Olson Rd
Borrower City
Sumner
Borrower State
MI
Borrower Zip
48889-9746
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2797.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36147
Servicing Lender Name
Isabella Bank
Servicing Lender Address
139 E Broadway
Servicing Lender City
MOUNT PLEASANT
Servicing Lender State
Servicing Lender Zip
48858-2312
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRATIOT
Project State
Project Zip
CD
MI-02
Jobs Reported
1
NAICS Code
111998
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
2795.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
2808.65
Forgiveness Date
07/21/2021