PPP Loan information for Michigan masonic home

$4,105,263

Michigan masonic home was initially approved for PPP Loan of amount $4,105,263, the current approved amount is $4,105,263. The loan was approved on 04/11/2020 by The Mercantile Bank reported 489 jobs and $4,105,263 was used to fund payroll.

Michigan masonic home is Existing or more than 2 years old

PPP Loan Search / MI / ALMA / Michigan masonic home

MICHIGAN MASONIC HOME

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN MASONIC HOME

Borrower Address

1200 Wright Ave

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-1133

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4105262.50

Current Approval Amount

4105262.50

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

48801-1133

CD

MI-02

Jobs Reported

489

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4105262.50

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

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

4152726.08

Forgiveness Date

06/14/2021

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