PPP Loan information for San marcos 2

$87,727

San marcos 2 was initially approved for PPP Loan of amount $87,727, the current approved amount is $87,727. The loan was approved on 04/13/2020 by The Mercantile Bank reported 12 jobs and $87,727 was used to fund payroll.

San marcos 2 is Existing or more than 2 years old

SAN MARCOS 2

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAN MARCOS 2

Borrower Address

1180 M-43 Hwy

Borrower City

HASTINGS

Borrower State

MI

Borrower Zip

49058-7780

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87727.00

Current Approval Amount

87727.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

BARRY

Project State

MI

Project Zip

49058-7780

CD

MI-02

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

4479.47

Payroll Proceed

65795.25

Mortgage Interest Proceed

0.00

Rent Proceed

17452.28

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88246.15

Forgiveness Date

11/20/2020

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