PPP Loan information for Michigan office equipment inc.

$200,003

Michigan office equipment inc. was initially approved for PPP Loan of amount $200,003, the current approved amount is $200,003. The loan was approved on 01/27/2021 by The Mercantile Bank reported 14 jobs and $200,003 was used to fund payroll.

Michigan office equipment inc. is Existing or more than 2 years old

MICHIGAN OFFICE EQUIPMENT INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN OFFICE EQUIPMENT INC.

Borrower Address

177 Portage St

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49007-4801

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200003.35

Current Approval Amount

200003.35

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-4801

CD

MI-04

Jobs Reported

14

NAICS Code

423420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

200000.35

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

200929.39

Forgiveness Date

07/19/2021

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