PPP Loan information for Raymond t cato jr.

$92,042

Raymond t cato jr. was initially approved for PPP Loan of amount $92,042, the current approved amount is $92,042. The loan was approved on 04/09/2020 by The Mercantile Bank reported 8 jobs and $92,042 was used to fund payroll.

Raymond t cato jr. is Existing or more than 2 years old

PPP Loan Search / MI / PORTAGE / Raymond t cato jr.

RAYMOND T CATO JR.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAYMOND T CATO JR.

Borrower Address

2140 Sanibel Island

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49024-6790

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92042.00

Current Approval Amount

92042.00

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

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49024-6790

CD

MI-06

Jobs Reported

8

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1900.00

Payroll Proceed

86842.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1300.00

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

92712.77

Forgiveness Date

01/07/2021

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