PPP Loan information for Suthern adult care, llc, a michigan ltd. liability co.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUTHERN ADULT CARE, LLC, A MICHIGAN LTD. LIABILITY CO.

Borrower Address

613 PROGRESS ST

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-8798

Loan Status Date

11/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62240.00

Current Approval Amount

91206.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-8798

CD

MI-01

Jobs Reported

14

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6080.00

Payroll Proceed

78338.00

Mortgage Interest Proceed

6788.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

92430.41

Forgiveness Date

08/17/2021