Date Approved
03/20/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
RISNER SAND & GRAVEL LLC
Borrower Address
6455 Jackson Rd
Borrower City
Saranac
Borrower State
MI
Borrower Zip
48881-9623
Loan Status Date
01/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
116318.32
Current Approval Amount
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
Servicing Lender Zip
49504-4224
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-02
Jobs Reported
9
NAICS Code
238910
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
116316.32
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
117169.20
Forgiveness Date
12/15/2021