Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
OM PETROLEUM INC
Borrower Address
218 E MAIN ST
Borrower City
EDMORE
Borrower State
MI
Borrower Zip
48829-9813
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7972.27
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTCALM
Project State
Project Zip
CD
MI-02
Jobs Reported
3
NAICS Code
447110
Race
Asian
Ethnicity
Unknown/NotStated
Utilities Proceed
660.00
Payroll Proceed
5979.20
Mortgage Interest Proceed
1333.07
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
8025.56
Forgiveness Date
12/31/2020