PPP Loan information for Mission india

$625,000

Mission india was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 04/07/2020 by The Mercantile Bank reported 44 jobs and $625,000 was used to fund payroll.

Mission india is Existing or more than 2 years old

MISSION INDIA

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MISSION INDIA

Borrower Address

1142 44TH ST

Borrower City

KENTWOOD

Borrower State

MI

Borrower Zip

49508-7557

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

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

KENTWOOD

Project County Name

KENT

Project State

MI

Project Zip

49508-7557

CD

MI-03

Jobs Reported

44

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13187.50

Payroll Proceed

549542.92

Mortgage Interest Proceed

0.00

Rent Proceed

825.00

Refinance EIDL Proceed

0.00

Health Care Proceed

61444.58

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

629469.18

Forgiveness Date

12/31/2020

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