PPP Loan information for Lifecircles

$1,083,980

Lifecircles was initially approved for PPP Loan of amount $1,083,980, the current approved amount is $1,083,980. The loan was approved on 04/15/2020 by The Mercantile Bank reported 116 jobs and $1,083,980 was used to fund payroll.

Lifecircles is Existing or more than 2 years old

PPP Loan Search / MI / NORTON SHORES / Lifecircles

LIFECIRCLES

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LIFECIRCLES

Borrower Address

560 SEMINOLE RD

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49444-3720

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1083980.00

Current Approval Amount

1083980.00

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

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-3720

CD

MI-02

Jobs Reported

116

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

998980.00

Mortgage Interest Proceed

65000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1091048.14

Forgiveness Date

12/14/2020

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