Date Approved
04/30/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
POWELL'S EXCAVATING & SEPTIC, INC.
Borrower Address
20544 HOWARD CITY EDMORE RD
Borrower City
HOWARD CITY
Borrower State
MI
Borrower Zip
49329-9179
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
87187.00
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
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
MONTCALM
Project State
Project Zip
CD
MI-02
Jobs Reported
9
NAICS Code
238910
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
21796.00
Payroll Proceed
65391.00
Mortgage Interest Proceed
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
Veteran
Non Profit
Forgiveness Amount
87676.68
Forgiveness Date
11/27/2020