PPP Loan information for Martin commercial properties inc

$398,675

Martin commercial properties inc was initially approved for PPP Loan of amount $398,675, the current approved amount is $398,675. The loan was approved on 04/09/2020 by The Mercantile Bank reported 33 jobs and $398,675 was used to fund payroll.

Martin commercial properties inc is Existing or more than 2 years old

PPP Loan Search / MI / EAST LANSING / Martin commercial properties inc

MARTIN COMMERCIAL PROPERTIES INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARTIN COMMERCIAL PROPERTIES INC

Borrower Address

1111 MICHIGAN AVE Suite 300

Borrower City

EAST LANSING

Borrower State

MI

Borrower Zip

48823-4050

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398675.00

Current Approval Amount

398675.00

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

48823-4050

CD

MI-07

Jobs Reported

33

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374645.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24030.00

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

402148.39

Forgiveness Date

03/01/2021

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