Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
PARK RITE WAYNE, LLC
Borrower Address
20750 Mack Avenue
Borrower City
GROSSE POINTE WOODS
Borrower State
MI
Borrower Zip
48236-1436
Loan Status Date
08/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
169335.00
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
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
35
NAICS Code
812930
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
26617.00
Mortgage Interest Proceed
Rent Proceed
116250.00
Refinance EIDL Proceed
Health Care Proceed
26468.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
171520.12
Forgiveness Date
07/29/2021