Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
THE SHOWALTER GROUP, LLC
Borrower Address
318 W. WRIGHT AVE
Borrower City
SHEPHERD
Borrower State
MI
Borrower Zip
48883-2502
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
9607.00
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
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ISABELLA
Project State
Project Zip
CD
MI-04
Jobs Reported
1
NAICS Code
531320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
527.00
Payroll Proceed
8330.00
Mortgage Interest Proceed
Rent Proceed
750.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
8656.52
Forgiveness Date
11/25/2020