Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
THE STONE MILL INC
Borrower Address
7949 ALMY RD
Borrower City
LAKEVIEW
Borrower State
MI
Borrower Zip
48850-9539
Loan Status Date
03/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
49447.00
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
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTCALM
Project State
Project Zip
CD
MI-02
Jobs Reported
8
NAICS Code
327991
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4390.00
Payroll Proceed
39558.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
2749.50
Debt Interest Proceed
2749.5
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
42741.22
Forgiveness Date
12/23/2020