PPP Loan information for Raymond cato

$112,876

Raymond cato was initially approved for PPP Loan of amount $112,876, the current approved amount is $112,876. The loan was approved on 03/15/2021 by The Mercantile Bank reported 8 jobs and $112,876 was used to fund payroll.

Raymond cato is Existing or more than 2 years old

RAYMOND CATO

Date Approved

03/15/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAYMOND CATO

Borrower Address

2414 Woody Noll Dr

Borrower City

Portage

Borrower State

MI

Borrower Zip

49002-7666

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112875.82

Current Approval Amount

112875.82

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-7666

CD

MI-06

Jobs Reported

8

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

112871.82

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

113902.53

Forgiveness Date

02/14/2022

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