PPP Loan information for Michigan office equipment, inc.

$190,914

Michigan office equipment, inc. was initially approved for PPP Loan of amount $190,914, the current approved amount is $190,914. The loan was approved on 04/07/2020 by The Mercantile Bank reported 14 jobs and $190,914 was used to fund payroll.

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

PPP Loan Search / MI / KALAMAZOO / Michigan office equipment, inc.

MICHIGAN OFFICE EQUIPMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN OFFICE EQUIPMENT, INC.

Borrower Address

177 PORTAGE ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-4801

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190914.00

Current Approval Amount

190914.00

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

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

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6200.00

Payroll Proceed

160282.00

Mortgage Interest Proceed

0.00

Rent Proceed

18302.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3095.00

Debt Interest Proceed

3035

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191991.49

Forgiveness Date

11/03/2020

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