PPP Loan information for Lansing ophthalmology

$2,878,347

Lansing ophthalmology was initially approved for PPP Loan of amount $2,878,347, the current approved amount is $2,878,347. The loan was approved on 04/10/2020 by The Mercantile Bank reported 270 jobs and $2,878,347 was used to fund payroll.

Lansing ophthalmology is Existing or more than 2 years old

PPP Loan Search / MI / EAST LANSING / Lansing ophthalmology

LANSING OPHTHALMOLOGY

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANSING OPHTHALMOLOGY

Borrower Address

2001 COOLIDGE RD

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48823-1378

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2878347.00

Current Approval Amount

2878347.00

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

EAST LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48823-1378

CD

MI-07

Jobs Reported

270

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

575669.00

Payroll Proceed

1948096.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

354582.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2910679.12

Forgiveness Date

06/02/2021

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