PPP Loan information for S.a. morman & company

$1,032,160

S.a. morman & company was initially approved for PPP Loan of amount $1,032,160, the current approved amount is $1,032,160. The loan was approved on 04/07/2020 by The Mercantile Bank reported 71 jobs and $1,032,160 was used to fund payroll.

S.a. morman & company is Existing or more than 2 years old

S.A. MORMAN & COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

S.A. MORMAN & COMPANY

Borrower Address

1100 GEZON PKWY SW

Borrower City

WYOMING

Borrower State

MI

Borrower Zip

49509-9582

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1032160.00

Current Approval Amount

1032160.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WYOMING

Project County Name

KENT

Project State

MI

Project Zip

49509-9582

CD

MI-03

Jobs Reported

71

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13921.00

Payroll Proceed

893727.00

Mortgage Interest Proceed

0.00

Rent Proceed

52000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

72512.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

1037900.51

Forgiveness Date

11/03/2020

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