Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
THE BROOK OF GAYLORD, 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
96000.00
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
CRAWFORD
Project State
Project Zip
CD
MI-01
Jobs Reported
16
NAICS Code
623311
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
76800.00
Mortgage Interest Proceed
Rent Proceed
19200.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
96865.32
Forgiveness Date
03/09/2021