PPP Loan information for Park rite valet, llc

$316,535

Park rite valet, llc was initially approved for PPP Loan of amount $316,535, the current approved amount is $316,535. The loan was approved on 04/07/2020 by The Mercantile Bank reported 118 jobs and $316,535 was used to fund payroll.

Park rite valet, llc is Existing or more than 2 years old

PPP Loan Search / MI / GROSSE POINTE WOODS / Park rite valet, llc

PARK RITE VALET, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARK RITE VALET, LLC

Borrower Address

20750 Mack Avenue

Borrower City

GROSSE POINTE WOODS

Borrower State

MI

Borrower Zip

48236-1436

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316535.00

Current Approval Amount

316535.00

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

GROSSE POINTE WOODS

Project County Name

WAYNE

Project State

MI

Project Zip

48236-1436

CD

MI-13

Jobs Reported

118

NAICS Code

812930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

219672.00

Mortgage Interest Proceed

5250.00

Rent Proceed

84250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4863.00

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

289148.17

Forgiveness Date

07/29/2021

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