PPP Loan information for Northern biomedical research

$445,400

Northern biomedical research was initially approved for PPP Loan of amount $445,400, the current approved amount is $445,400. The loan was approved on 04/07/2020 by The Mercantile Bank reported 37 jobs and $445,400 was used to fund payroll.

Northern biomedical research is Existing or more than 2 years old

PPP Loan Search / MI / NORTON SHORES / Northern biomedical research

NORTHERN BIOMEDICAL RESEARCH

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHERN BIOMEDICAL RESEARCH

Borrower Address

1210 PONTALUNA RD

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49456-9634

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445400.00

Current Approval Amount

445400.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49456-9634

CD

MI-02

Jobs Reported

37

NAICS Code

541714

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

445400.00

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

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

448145.62

Forgiveness Date

11/25/2020

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