PPP Loan information for Reed city fields assisted living, llc

$77,847

Reed city fields assisted living, llc was initially approved for PPP Loan of amount $77,847, the current approved amount is $77,847. The loan was approved on 04/08/2020 by The Mercantile Bank reported 19 jobs and $77,847 was used to fund payroll.

Reed city fields assisted living, llc is Existing or more than 2 years old

PPP Loan Search / MI / GLADWIN / Reed city fields assisted living, llc

REED CITY FIELDS ASSISTED LIVING, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REED CITY FIELDS ASSISTED LIVING, LLC

Borrower Address

325 Commerce Court

Borrower City

GLADWIN

Borrower State

MI

Borrower Zip

48624-1225

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77847.00

Current Approval Amount

77847.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GLADWIN

Project County Name

GLADWIN

Project State

MI

Project Zip

48624-1225

CD

MI-04

Jobs Reported

19

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

62277.00

Mortgage Interest Proceed

10070.00

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

78885.67

Forgiveness Date

08/17/2021

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