PPP Loan information for University rehabilitation alliance inc

$899,231

University rehabilitation alliance inc was initially approved for PPP Loan of amount $899,231, the current approved amount is $899,231. The loan was approved on 04/09/2020 by The Mercantile Bank reported 96 jobs and $899,231 was used to fund payroll.

University rehabilitation alliance inc is Existing or more than 2 years old

UNIVERSITY REHABILITATION ALLIANCE INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UNIVERSITY REHABILITATION ALLIANCE INC

Borrower Address

3181 SANDHILL RD

Borrower City

MASON

Borrower State

MI

Borrower Zip

48854-9425

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

899231.00

Current Approval Amount

899231.00

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

MASON

Project County Name

INGHAM

Project State

MI

Project Zip

48854-9425

CD

MI-07

Jobs Reported

96

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17339.06

Payroll Proceed

820413.94

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

36207.00

Debt Interest Proceed

25271

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

904182.93

Forgiveness Date

11/03/2020

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