PPP Loan information for Special olympics michigan, inc.

$492,172

Special olympics michigan, inc. was initially approved for PPP Loan of amount $492,172, the current approved amount is $492,172. The loan was approved on 04/07/2020 by The Mercantile Bank reported 41 jobs and $492,172 was used to fund payroll.

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

SPECIAL OLYMPICS MICHIGAN, INC.

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

492172.00

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

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48859-0001

CD

MI-02

Jobs Reported

41

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400750.00

Mortgage Interest Proceed

22619.90

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

68802.10

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

495583.49

Forgiveness Date

12/28/2020

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