PPP Loan information for Sobie company inc.

$952,610

Sobie company inc. was initially approved for PPP Loan of amount $952,610, the current approved amount is $952,610. The loan was approved on 01/21/2021 by The Mercantile Bank reported 57 jobs and $952,610 was used to fund payroll.

Sobie company inc. is Existing or more than 2 years old

SOBIE COMPANY INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOBIE COMPANY INC.

Borrower Address

3276 Hanna Lake Ind Park Dr SE

Borrower City

Caledonia

Borrower State

MI

Borrower Zip

49316-9190

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

952610.00

Current Approval Amount

952610.00

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

Caledonia

Project County Name

KENT

Project State

MI

Project Zip

49316-9190

CD

MI-03

Jobs Reported

57

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

952608.00

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

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

961092.14

Forgiveness Date

12/14/2021

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