PPP Loan information for Katerberg verhage, inc.

$836,305

Katerberg verhage, inc. was initially approved for PPP Loan of amount $836,305, the current approved amount is $836,305. The loan was approved on 04/07/2020 by The Mercantile Bank reported 85 jobs and $836,305 was used to fund payroll.

Katerberg verhage, inc. is Existing or more than 2 years old

KATERBERG VERHAGE, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KATERBERG VERHAGE, INC.

Borrower Address

3717 MICHIGAN ST NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525-3404

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

836305.00

Current Approval Amount

836305.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49525-3404

CD

MI-03

Jobs Reported

85

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10526.00

Payroll Proceed

670851.00

Mortgage Interest Proceed

0.00

Rent Proceed

68900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

86028.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

841826.90

Forgiveness Date

12/08/2020

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