Date Approved
02/02/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
REED & HOPPES INC
Borrower Address
2661 E Grand River Ave
Borrower City
Portland
Borrower State
MI
Borrower Zip
48875-9636
Loan Status Date
02/09/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
170756.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
77961
Servicing Lender Name
Independent Bank
Servicing Lender Address
4200 East Beltline Ave NE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49525-9783
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
IONIA
Project State
Project Zip
CD
MI-03
Jobs Reported
17
NAICS Code
488410
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
170754.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
172379.35
Forgiveness Date
01/19/2022