PPP Loan information for The herb. ritsema co.

$1,273,400

The herb. ritsema co. was initially approved for PPP Loan of amount $1,273,400, the current approved amount is $1,273,400. The loan was approved on 04/27/2020 by The Lake Michigan CU reported 115 jobs and $1,273,400 was used to fund payroll.

The herb. ritsema co. is Existing or more than 2 years old

THE HERB. RITSEMA CO.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE HERB. RITSEMA CO.

Borrower Address

3000 Dormax SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-1168

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1273400.00

Current Approval Amount

1273400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-1168

CD

MI-02

Jobs Reported

115

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1273400.00

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

Subchapter S Corporation

Originating Lender Location Id

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1284400.76

Forgiveness Date

03/15/2021

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