PPP Loan information for Rader farms llc

$24,050

Rader farms llc was initially approved for PPP Loan of amount $24,050, the current approved amount is $24,050. The loan was approved on 02/20/2021 by The Mercantile Bank reported 3 jobs and $24,050 was used to fund payroll.

Rader farms llc is Existing or more than 2 years old

RADER FARMS LLC

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RADER FARMS LLC

Borrower Address

13043 Howard City Edmore Rd

Borrower City

Lakeview

Borrower State

MI

Borrower Zip

48850-9426

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24050.00

Current Approval Amount

24050.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lakeview

Project County Name

MONTCALM

Project State

MI

Project Zip

48850-9426

CD

MI-02

Jobs Reported

3

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

24050.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24209.45

Forgiveness Date

10/25/2021

;