PPP Loan information for Saugatuck center for the arts inc.

$142,000

Saugatuck center for the arts inc. was initially approved for PPP Loan of amount $142,000, the current approved amount is $142,000. The loan was approved on 01/25/2021 by The Macatawa Bank reported 72 jobs and $142,000 was used to fund payroll.

Saugatuck center for the arts inc. is Existing or more than 2 years old

PPP Loan Search / MI / Saugatuck / Saugatuck center for the arts inc.

SAUGATUCK CENTER FOR THE ARTS INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SAUGATUCK CENTER FOR THE ARTS INC.

Borrower Address

400 Culver St

Borrower City

Saugatuck

Borrower State

MI

Borrower Zip

49453-5107

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142000.00

Current Approval Amount

142000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saugatuck

Project County Name

ALLEGAN

Project State

MI

Project Zip

49453-5107

CD

MI-04

Jobs Reported

72

NAICS Code

711310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

141998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142723.62

Forgiveness Date

08/10/2021

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