PPP Loan information for Northwestern bakery & restaurant equipment sales inc

$54,445

Northwestern bakery & restaurant equipment sales inc was initially approved for PPP Loan of amount $54,445, the current approved amount is $54,445. The loan was approved on 02/11/2021 by The Mercantile Bank reported 7 jobs and $54,445 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

02/11/2021

SBA Office Code

0515

Processing Method

PPS

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

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54445.45

Current Approval Amount

54445.45

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

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54443.45

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

54712.46

Forgiveness Date

08/11/2021

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