PPP Loan information for Netmed transcription services llc

$173,660

Netmed transcription services llc was initially approved for PPP Loan of amount $173,660, the current approved amount is $173,660. The loan was approved on 01/22/2021 by The Mercantile Bank reported 37 jobs and $173,660 was used to fund payroll.

Netmed transcription services llc is Existing or more than 2 years old

NETMED TRANSCRIPTION SERVICES LLC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NETMED TRANSCRIPTION SERVICES LLC

Borrower Address

2604 Sunnyside Dr

Borrower City

Cadillac

Borrower State

MI

Borrower Zip

49601-8749

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173660.00

Current Approval Amount

173660.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cadillac

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-8749

CD

MI-04

Jobs Reported

37

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

173656.00

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

Partnership

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

174958.88

Forgiveness Date

10/26/2021

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