PPP Loan information for Portage community outreach center

$48,125

Portage community outreach center was initially approved for PPP Loan of amount $48,125, the current approved amount is $48,125. The loan was approved on 04/28/2020 by The Mercantile Bank reported 8 jobs and $48,125 was used to fund payroll.

Portage community outreach center is Existing or more than 2 years old

PORTAGE COMMUNITY OUTREACH CENTER

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PORTAGE COMMUNITY OUTREACH CENTER

Borrower Address

325 EAST CENTRE AVE

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-5512

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48125.00

Current Approval Amount

48125.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-5512

CD

MI-06

Jobs Reported

8

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4040.00

Payroll Proceed

39611.00

Mortgage Interest Proceed

1490.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2984.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

48550.87

Forgiveness Date

03/22/2021

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