PPP Loan information for Mission point of big rapids, llc

$630,253

Mission point of big rapids, llc was initially approved for PPP Loan of amount $630,253, the current approved amount is $630,253. The loan was approved on 04/11/2020 by The Mercantile Bank reported 94 jobs and $630,253 was used to fund payroll.

Mission point of big rapids, llc is New Business or 2 years or less

MISSION POINT OF BIG RAPIDS, LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MISSION POINT OF BIG RAPIDS, LLC

Borrower Address

725 WEST FULLER AVE

Borrower City

BIG RAPIDS

Borrower State

MI

Borrower Zip

49307-2105

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630252.50

Current Approval Amount

630252.50

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BIG RAPIDS

Project County Name

MECOSTA

Project State

MI

Project Zip

49307-2105

CD

MI-02

Jobs Reported

94

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

542252.50

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

636278.75

Forgiveness Date

03/31/2021

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