PPP Loan information for South michigan insurance, inc.

$14,017

South michigan insurance, inc. was initially approved for PPP Loan of amount $14,017, the current approved amount is $14,017. The loan was approved on 04/15/2020 by The Mercantile Bank reported 4 jobs and $14,017 was used to fund payroll.

South michigan insurance, inc. is Existing or more than 2 years old

SOUTH MICHIGAN INSURANCE, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTH MICHIGAN INSURANCE, INC.

Borrower Address

130 N MAIN ST

Borrower City

LAWTON

Borrower State

MI

Borrower Zip

49065-8634

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14017.07

Current Approval Amount

14017.07

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWTON

Project County Name

VAN BUREN

Project State

MI

Project Zip

49065-8634

CD

MI-06

Jobs Reported

4

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14017.07

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14120.76

Forgiveness Date

01/13/2021

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