Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SPECIAL OLYMPICS MICHIGAN, INC.
Borrower Address
1200 S. Franklin St.
Borrower City
MOUNT PLEASANT
Borrower State
MI
Borrower Zip
48859-0001
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
492172.00
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
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ISABELLA
Project State
Project Zip
CD
MI-02
Jobs Reported
41
NAICS Code
624120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
400750.00
Mortgage Interest Proceed
22619.90
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
68802.10
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
495583.49
Forgiveness Date
12/28/2020