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
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
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OGEMAW
Project State
Project Zip
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
Rent Proceed
42256.00
Refinance EIDL Proceed
Health Care Proceed
45353.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
471568.42
Forgiveness Date
02/01/2021