PPP Loan information for Michael richard inc.

$16,100

Michael richard inc. was initially approved for PPP Loan of amount $16,100, the current approved amount is $16,100. The loan was approved on 01/20/2021 by The Mercantile Bank reported 2 jobs and $16,100 was used to fund payroll.

Michael richard inc. is Existing or more than 2 years old

PPP Loan Search / MI / Alma / Michael richard inc.

MICHAEL RICHARD INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHAEL RICHARD INC.

Borrower Address

123 E Superior St

Borrower City

Alma

Borrower State

MI

Borrower Zip

48801-1816

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16100.00

Current Approval Amount

16100.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Alma

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-1816

CD

MI-02

Jobs Reported

2

NAICS Code

453110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

16097.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

16263.65

Forgiveness Date

01/31/2022

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