PPP Loan information for Mission point of cedar spings, llc

$654,883

Mission point of cedar spings, llc was initially approved for PPP Loan of amount $654,883, the current approved amount is $654,883. The loan was approved on 04/11/2020 by The Mercantile Bank reported 106 jobs and $654,883 was used to fund payroll.

Mission point of cedar spings, llc is New Business or 2 years or less

MISSION POINT OF CEDAR SPINGS, LLC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MISSION POINT OF CEDAR SPINGS, LLC

Borrower Address

400 JEFFERY ST

Borrower City

CEDAR SPRINGS

Borrower State

MI

Borrower Zip

49319-9572

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

654882.50

Current Approval Amount

654882.50

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CEDAR SPRINGS

Project County Name

KENT

Project State

MI

Project Zip

49319-9572

CD

MI-02

Jobs Reported

106

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12000.00

Payroll Proceed

532300.00

Mortgage Interest Proceed

0.00

Rent Proceed

70582.50

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

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

662436.08

Forgiveness Date

06/11/2021

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