PPP Loan information for Team restoration inc

$168,149

Team restoration inc was initially approved for PPP Loan of amount $168,149, the current approved amount is $168,149. The loan was approved on 04/09/2020 by The Mercantile Bank reported 17 jobs and $168,149 was used to fund payroll.

Team restoration inc is Existing or more than 2 years old

PPP Loan Search / MI / BELMONT / Team restoration inc

TEAM RESTORATION INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEAM RESTORATION INC

Borrower Address

8195 Graphic Dr

Borrower City

BELMONT

Borrower State

MI

Borrower Zip

49306-9448

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168149.00

Current Approval Amount

168149.00

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

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

17

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1250.00

Payroll Proceed

150834.00

Mortgage Interest Proceed

0.00

Rent Proceed

3250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12815.00

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

169567.90

Forgiveness Date

02/18/2021

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