PPP Loan information for Marge's donut den, inc.

$124,448

Marge's donut den, inc. was initially approved for PPP Loan of amount $124,448, the current approved amount is $124,448. The loan was approved on 04/28/2020 by The Mercantile Bank reported 30 jobs and $124,448 was used to fund payroll.

Marge's donut den, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WYOMING / Marge's donut den, inc.

MARGE'S DONUT DEN, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARGE'S DONUT DEN, INC.

Borrower Address

1751 28TH ST

Borrower City

WYOMING

Borrower State

MI

Borrower Zip

49519-2585

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124447.50

Current Approval Amount

124447.50

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

WYOMING

Project County Name

KENT

Project State

MI

Project Zip

49519-2585

CD

MI-03

Jobs Reported

30

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6428.50

Payroll Proceed

106019.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

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

125872.68

Forgiveness Date

06/22/2021

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