Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
PRISM MEDICAL ASSOCIATES P.C.
Borrower Address
311 E Warwick Dr
Borrower City
ALMA
Borrower State
MI
Borrower Zip
48801-1013
Loan Status Date
03/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
175890.00
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRATIOT
Project State
Project Zip
CD
MI-02
Jobs Reported
14
NAICS Code
621111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
5000.00
Payroll Proceed
155890.00
Mortgage Interest Proceed
Rent Proceed
15000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
177398.32
Forgiveness Date
02/18/2021