PPP Loan information for Michigan capital management

$93,476

Michigan capital management was initially approved for PPP Loan of amount $93,476, the current approved amount is $93,476. The loan was approved on 04/07/2020 by The Mercantile Bank reported 7 jobs and $93,476 was used to fund payroll.

Michigan capital management is Existing or more than 2 years old

PPP Loan Search / MI / PORTAGE / Michigan capital management

MICHIGAN CAPITAL MANAGEMENT

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN CAPITAL MANAGEMENT

Borrower Address

750 TRADE CENTRE WAY Ste 100

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-0478

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93476.00

Current Approval Amount

93476.00

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

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-0478

CD

MI-06

Jobs Reported

7

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3476.00

Payroll Proceed

82500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7500.00

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

94001.00

Forgiveness Date

11/05/2020

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