PPP Loan information for Team hodges, inc

$467,851

Team hodges, inc was initially approved for PPP Loan of amount $467,851, the current approved amount is $467,851. The loan was approved on 04/08/2020 by The Mercantile Bank reported 36 jobs and $467,851 was used to fund payroll.

Team hodges, inc is Existing or more than 2 years old

TEAM HODGES, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEAM HODGES, INC

Borrower Address

2265 SOUTH M-76

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-9380

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

467851.25

Current Approval Amount

467851.25

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

48661-9380

CD

MI-01

Jobs Reported

36

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5961.00

Payroll Proceed

374281.25

Mortgage Interest Proceed

0.00

Rent Proceed

42256.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45353.00

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

471568.42

Forgiveness Date

02/01/2021

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