PPP Loan information for Newsnet, llc

$48,677

Newsnet, llc was initially approved for PPP Loan of amount $48,677, the current approved amount is $48,677. The loan was approved on 04/08/2020 by The Mercantile Bank reported 16 jobs and $48,677 was used to fund payroll.

Newsnet, llc is New Business or 2 years or less

PPP Loan Search / MI / CADILLAC / Newsnet, llc

NEWSNET, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWSNET, LLC

Borrower Address

320 W 13TH ST

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601-8114

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48677.00

Current Approval Amount

48677.00

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

New Business or 2 years or less

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-8114

CD

MI-04

Jobs Reported

16

NAICS Code

515120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48677.00

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

Limited Liability Company(LLC)

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

49037.08

Forgiveness Date

01/11/2021

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