PPP Loan information for The decc company inc

$965,504

The decc company inc was initially approved for PPP Loan of amount $965,504, the current approved amount is $965,504. The loan was approved on 04/07/2020 by The Mercantile Bank reported 91 jobs and $965,504 was used to fund payroll.

The decc company inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / The decc company inc

THE DECC COMPANY INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE DECC COMPANY INC

Borrower Address

1266 WALLEN AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49507-1529

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

965504.00

Current Approval Amount

965504.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49507-1529

CD

MI-03

Jobs Reported

91

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

72000.00

Payroll Proceed

725074.00

Mortgage Interest Proceed

0.00

Rent Proceed

90430.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75000.00

Debt Interest Proceed

3000

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

971482.19

Forgiveness Date

11/27/2020

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