PPP Loan information for The hinman company

$789,617

The hinman company was initially approved for PPP Loan of amount $789,617, the current approved amount is $789,617. The loan was approved on 04/07/2020 by The Mercantile Bank reported 59 jobs and $789,617 was used to fund payroll.

The hinman company is Existing or more than 2 years old

PPP Loan Search / MI / PORTAGE / The hinman company

THE HINMAN COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE HINMAN COMPANY

Borrower Address

750 Trade Centre Way, Ste 100

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-0478

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

789617.00

Current Approval Amount

789617.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-0478

CD

MI-06

Jobs Reported

59

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

705000.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62117.00

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

794051.84

Forgiveness Date

11/05/2020

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