PPP Loan information for Quality equipment

$9,700

Quality equipment was initially approved for PPP Loan of amount $9,700, the current approved amount is $9,700. The loan was approved on 04/28/2020 by The Mercantile Bank reported 1 jobs and $9,700 was used to fund payroll.

Quality equipment is Existing or more than 2 years old

QUALITY EQUIPMENT

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY EQUIPMENT

Borrower Address

2562 E WASHINGTON RD

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-9486

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9700.00

Current Approval Amount

9700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-9486

CD

MI-04

Jobs Reported

1

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

920.00

Payroll Proceed

8780.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

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

9772.02

Forgiveness Date

01/28/2021

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