Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SEARFOSS ENTERPRISES, LLC
Borrower Address
2574 SCHOOL RD
Borrower City
ALGER
Borrower State
MI
Borrower Zip
48610-9651
Loan Status Date
06/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
68440.27
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GLADWIN
Project State
Project Zip
CD
MI-04
Jobs Reported
4
NAICS Code
236220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
10820.36
Payroll Proceed
51451.14
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
6168.77
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
69169.67
Forgiveness Date
05/11/2021