Date Approved
04/06/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SOBIE COMPANY, INC.
Borrower Address
3276 HANNA LAKE IND PARK DR
Borrower City
CALEDONIA
Borrower State
MI
Borrower Zip
49316-9190
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
952610.00
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
N
HLMI Indicator
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
65
NAICS Code
238310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
15348.00
Payroll Proceed
703835.00
Mortgage Interest Proceed
Rent Proceed
30000.00
Refinance EIDL Proceed
Health Care Proceed
137996.00
Debt Interest Proceed
65431
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
948291.48
Forgiveness Date
11/23/2020