PPP Loan information for The gratiot area chamber of commerce

$14,903

The gratiot area chamber of commerce was initially approved for PPP Loan of amount $14,903, the current approved amount is $14,903. The loan was approved on 04/28/2021 by The Mercantile Bank reported 2 jobs and $14,903 was used to fund payroll.

The gratiot area chamber of commerce is Existing or more than 2 years old

THE GRATIOT AREA CHAMBER OF COMMERCE

Date Approved

04/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE GRATIOT AREA CHAMBER OF COMMERCE

Borrower Address

110 W Superior St

Borrower City

Alma

Borrower State

MI

Borrower Zip

48801-1670

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14902.77

Current Approval Amount

14902.77

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Alma

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-1670

CD

MI-02

Jobs Reported

2

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14902.77

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

501(c)6 – Non Profit Membership

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

Y

Forgiveness Amount

14977.90

Forgiveness Date

11/05/2021

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