PPP Loan information for Michigan chair company

$49,592

Michigan chair company was initially approved for PPP Loan of amount $49,592, the current approved amount is $49,592. The loan was approved on 06/08/2020 by The Mercantile Bank reported 3 jobs and $49,592 was used to fund payroll.

Michigan chair company is Existing or more than 2 years old

MICHIGAN CHAIR COMPANY

Date Approved

06/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN CHAIR COMPANY

Borrower Address

6342 HENKEL RD

Borrower City

HOWARD CITY

Borrower State

MI

Borrower Zip

49329-8622

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49592.00

Current Approval Amount

49592.00

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

HOWARD CITY

Project County Name

MONTCALM

Project State

MI

Project Zip

49329-8622

CD

MI-02

Jobs Reported

3

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49592.00

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

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

49854.23

Forgiveness Date

12/23/2020

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