PPP Loan information for Mersadies adult care llc

$87,633

Mersadies adult care llc was initially approved for PPP Loan of amount $74,933, the current approved amount is $87,633. The loan was approved on 04/08/2020 by The Mercantile Bank reported 19 jobs and $87,633 was used to fund payroll.

Mersadies adult care llc is Existing or more than 2 years old

PPP Loan Search / MI / STANDISH / Mersadies adult care llc

MERSADIES ADULT CARE LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERSADIES ADULT CARE LLC

Borrower Address

218 AIRPARK DR

Borrower City

STANDISH

Borrower State

MI

Borrower Zip

48658-9008

Loan Status Date

11/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74933.00

Current Approval Amount

87633.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANDISH

Project County Name

ARENAC

Project State

MI

Project Zip

48658-9008

CD

MI-05

Jobs Reported

19

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

76867.00

Mortgage Interest Proceed

5766.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88807.04

Forgiveness Date

08/17/2021

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