PPP Loan information for Kurt's appliance center, inc.

$61,450

Kurt's appliance center, inc. was initially approved for PPP Loan of amount $61,450, the current approved amount is $61,450. The loan was approved on 04/14/2020 by The Mercantile Bank reported 9 jobs and $61,450 was used to fund payroll.

Kurt's appliance center, inc. is Existing or more than 2 years old

KURT'S APPLIANCE CENTER, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KURT'S APPLIANCE CENTER, INC.

Borrower Address

217 N. Clinton Ave.

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-1503

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61450.00

Current Approval Amount

61450.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-1503

CD

MI-04

Jobs Reported

9

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6205.00

Payroll Proceed

46087.50

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4157.50

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

52767.57

Forgiveness Date

11/25/2020

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