PPP Loan information for Peerless water softener co.

$39,108

Peerless water softener co. was initially approved for PPP Loan of amount $39,108, the current approved amount is $39,108. The loan was approved on 04/28/2020 by The Mercantile Bank reported 5 jobs and $39,108 was used to fund payroll.

Peerless water softener co. is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Peerless water softener co.

PEERLESS WATER SOFTENER CO.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PEERLESS WATER SOFTENER CO.

Borrower Address

1701 VINE ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49001-3125

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39108.00

Current Approval Amount

39108.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-3125

CD

MI-04

Jobs Reported

5

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2361.00

Payroll Proceed

23951.00

Mortgage Interest Proceed

0.00

Rent Proceed

5500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7296.00

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

39334.08

Forgiveness Date

11/30/2020

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