PPP Loan information for Team restoration inc.

$169,535

Team restoration inc. was initially approved for PPP Loan of amount $169,535, the current approved amount is $169,535. The loan was approved on 02/04/2021 by The Mercantile Bank reported 16 jobs and $169,535 was used to fund payroll.

Team restoration inc. is Existing or more than 2 years old

TEAM RESTORATION INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TEAM RESTORATION INC.

Borrower Address

8195 Graphic Dr NE

Borrower City

Belmont

Borrower State

MI

Borrower Zip

49306-9448

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169535.33

Current Approval Amount

169535.33

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belmont

Project County Name

KENT

Project State

MI

Project Zip

49306-9448

CD

MI-03

Jobs Reported

16

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

169532.33

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

170608.28

Forgiveness Date

09/28/2021

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