PPP Loan information for The stone mill inc

$49,447

The stone mill inc was initially approved for PPP Loan of amount $49,447, the current approved amount is $49,447. The loan was approved on 04/07/2020 by The Mercantile Bank reported 8 jobs and $49,447 was used to fund payroll.

The stone mill inc is Existing or more than 2 years old

THE STONE MILL INC

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

49447.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKEVIEW

Project County Name

MONTCALM

Project State

MI

Project Zip

48850-9539

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2749.50

Debt Interest Proceed

2749.5

Business Type

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

42741.22

Forgiveness Date

12/23/2020

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