PPP Loan information for Rogers iga inc

$252,914

Rogers iga inc was initially approved for PPP Loan of amount $252,914, the current approved amount is $252,914. The loan was approved on 04/07/2020 by The Mercantile Bank reported 50 jobs and $252,914 was used to fund payroll.

Rogers iga inc is Existing or more than 2 years old

ROGERS IGA INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROGERS IGA INC

Borrower Address

3257 S State

Borrower City

GLENNIE

Borrower State

MI

Borrower Zip

48737-9606

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252914.00

Current Approval Amount

252914.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GLENNIE

Project County Name

ALCONA

Project State

MI

Project Zip

48737-9606

CD

MI-01

Jobs Reported

50

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5182.00

Payroll Proceed

240332.00

Mortgage Interest Proceed

3200.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1000.00

Debt Interest Proceed

3200

Business Type

Subchapter S Corporation

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

255394.64

Forgiveness Date

04/08/2021

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