PPP Loan information for Northwestern bakery & restaurant equipment sales, inc.

$53,932

Northwestern bakery & restaurant equipment sales, inc. was initially approved for PPP Loan of amount $53,932, the current approved amount is $53,932. The loan was approved on 04/07/2020 by The Mercantile Bank reported 7 jobs and $53,932 was used to fund payroll.

Northwestern bakery & restaurant equipment sales, inc. is Existing or more than 2 years old

NORTHWESTERN BAKERY & RESTAURANT EQUIPMENT SALES, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHWESTERN BAKERY & RESTAURANT EQUIPMENT SALES, INC.

Borrower Address

118 MAIN ST

Borrower City

COOPERSVILLE

Borrower State

MI

Borrower Zip

49404-1253

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53932.00

Current Approval Amount

53932.00

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

COOPERSVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49404-1253

CD

MI-02

Jobs Reported

7

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1710.00

Payroll Proceed

45629.00

Mortgage Interest Proceed

0.00

Rent Proceed

2200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4199.00

Debt Interest Proceed

194

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

54329.47

Forgiveness Date

01/08/2021

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