PPP Loan information for Newmind group, inc

$204,790

Newmind group, inc was initially approved for PPP Loan of amount $204,790, the current approved amount is $204,790. The loan was approved on 04/08/2020 by The Mercantile Bank reported 16 jobs and $204,790 was used to fund payroll.

Newmind group, inc is Existing or more than 2 years old

NEWMIND GROUP, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWMIND GROUP, INC

Borrower Address

344 N ROSE ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-5802

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204790.26

Current Approval Amount

204790.26

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-5802

CD

MI-04

Jobs Reported

16

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5139.00

Payroll Proceed

182139.26

Mortgage Interest Proceed

0.00

Rent Proceed

10360.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7152.00

Debt Interest Proceed

0

Business Type

Corporation

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

206002.17

Forgiveness Date

11/17/2020

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