PPP Loan information for Radiant church

$589,339

Radiant church was initially approved for PPP Loan of amount $589,339, the current approved amount is $589,339. The loan was approved on 04/06/2020 by The Mercantile Bank reported 47 jobs and $589,339 was used to fund payroll.

Radiant church is Existing or more than 2 years old

RADIANT CHURCH

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RADIANT CHURCH

Borrower Address

8157 East DE Ave

Borrower City

RICHLAND

Borrower State

MI

Borrower Zip

49083-9781

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

589339.00

Current Approval Amount

589339.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49083-9781

CD

MI-06

Jobs Reported

47

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26000.00

Payroll Proceed

453339.00

Mortgage Interest Proceed

46000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

64000.00

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

592939.62

Forgiveness Date

11/20/2020

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