PPP Loan information for Roy simmons & son well drilling, inc

$38,622

Roy simmons & son well drilling, inc was initially approved for PPP Loan of amount $38,622, the current approved amount is $38,622. The loan was approved on 04/08/2020 by The Mercantile Bank reported 4 jobs and $38,622 was used to fund payroll.

Roy simmons & son well drilling, inc is New Business or 2 years or less

PPP Loan Search / MI / WEST BRANCH / Roy simmons & son well drilling, inc

ROY SIMMONS & SON WELL DRILLING, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROY SIMMONS & SON WELL DRILLING, INC

Borrower Address

976 W M-55

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-9703

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38622.00

Current Approval Amount

38622.00

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

N

Business Age Description

New Business or 2 years or less

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-9703

CD

MI-01

Jobs Reported

4

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36342.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2280.00

Debt Interest Proceed

0

Business Type

Corporation

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

38935.21

Forgiveness Date

02/04/2021

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