Date Approved
02/01/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
SIZZLIN 5 INC.
Borrower Address
25 Commerce Ave SW Ste 50
Borrower City
Grand Rapids
Borrower State
MI
Borrower Zip
49503-4100
Loan Status Date
03/09/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1761438.00
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
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
173
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1761436.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1778907.60
Forgiveness Date
02/02/2022