PPP Loan information for Special olympics michigan inc.

$470,735

Special olympics michigan inc. was initially approved for PPP Loan of amount $470,735, the current approved amount is $470,735. The loan was approved on 01/21/2021 by The Mercantile Bank reported 35 jobs and $470,735 was used to fund payroll.

Special olympics michigan inc. is Existing or more than 2 years old

SPECIAL OLYMPICS MICHIGAN INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPECIAL OLYMPICS MICHIGAN INC.

Borrower Address

East Campus Drive

Borrower City

Mt Pleasant

Borrower State

MI

Borrower Zip

48859-0001

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

470735.00

Current Approval Amount

470735.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mt Pleasant

Project County Name

ISABELLA

Project State

MI

Project Zip

48859-0001

CD

MI-02

Jobs Reported

35

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

470733.00

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

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

475107.03

Forgiveness Date

12/28/2021

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