PPP Loan information for Kent quality foods

$3,493,000

Kent quality foods was initially approved for PPP Loan of amount $3,493,000, the current approved amount is $3,493,000. The loan was approved on 04/04/2020 by The Mercantile Bank reported 272 jobs and $3,493,000 was used to fund payroll.

Kent quality foods is Existing or more than 2 years old

KENT QUALITY FOODS

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KENT QUALITY FOODS

Borrower Address

3426 QUINCY ST

Borrower City

HUDSONVILLE

Borrower State

MI

Borrower Zip

49426-7835

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3493000.00

Current Approval Amount

3493000.00

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

HUDSONVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-7835

CD

MI-04

Jobs Reported

272

NAICS Code

311612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3493000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

3531566.55

Forgiveness Date

05/24/2021

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