PPP Loan information for The brook of big rapids, inc.

$87,000

The brook of big rapids, inc. was initially approved for PPP Loan of amount $87,000, the current approved amount is $87,000. The loan was approved on 04/07/2020 by The Mercantile Bank reported 18 jobs and $87,000 was used to fund payroll.

The brook of big rapids, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAYLING / The brook of big rapids, inc.

THE BROOK OF BIG RAPIDS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE BROOK OF BIG RAPIDS, INC.

Borrower Address

2375 I 75 BUSINESS LOOP

Borrower City

GRAYLING

Borrower State

MI

Borrower Zip

49738-2017

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

87000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAYLING

Project County Name

CRAWFORD

Project State

MI

Project Zip

49738-2017

CD

MI-01

Jobs Reported

18

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69600.00

Mortgage Interest Proceed

0.00

Rent Proceed

17400.00

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

87784.19

Forgiveness Date

03/09/2021

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