Date Approved
04/16/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
NEW HORIZONS REALTY, INC.
Borrower Address
740 NORTH STATE ST
Borrower City
ALMA
Borrower State
MI
Borrower Zip
48801-1154
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
5025.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRATIOT
Project State
Project Zip
CD
MI-02
Jobs Reported
1
NAICS Code
531210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
484.88
Payroll Proceed
3768.75
Mortgage Interest Proceed
Rent Proceed
771.37
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
5056.94
Forgiveness Date
12/09/2020