PPP Loan information for New hope shelter

$31,510

New hope shelter was initially approved for PPP Loan of amount $31,510, the current approved amount is $31,510. The loan was approved on 02/26/2021 by The Mercantile Bank reported 9 jobs and $31,510 was used to fund payroll.

New hope shelter is Existing or more than 2 years old

PPP Loan Search / MI / Cadillac / New hope shelter

NEW HOPE SHELTER

Date Approved

02/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEW HOPE SHELTER

Borrower Address

4874 Meyer Ave

Borrower City

Cadillac

Borrower State

MI

Borrower Zip

49601-9577

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31510.00

Current Approval Amount

31510.00

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

49601-9577

CD

MI-04

Jobs Reported

9

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31508.00

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

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

31718.05

Forgiveness Date

10/26/2021

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