PPP Loan information for Maestro llc

$865,750

Maestro llc was initially approved for PPP Loan of amount $865,750, the current approved amount is $865,750. The loan was approved on 04/07/2020 by The Mercantile Bank reported 60 jobs and $865,750 was used to fund payroll.

Maestro llc is Existing or more than 2 years old

MAESTRO LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAESTRO LLC

Borrower Address

261 E Kalamazoo Ave

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-3805

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

865750.00

Current Approval Amount

865750.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-3805

CD

MI-04

Jobs Reported

60

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2995.00

Payroll Proceed

768175.00

Mortgage Interest Proceed

0.00

Rent Proceed

34580.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53000.00

Debt Interest Proceed

7000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

860556.27

Forgiveness Date

11/05/2020

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