Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
VAN DRIE FURNITURE COMPANY OF CADILLAC, INC.
Borrower Address
7591 US HIGHWAY 131
Borrower City
CADILLAC
Borrower State
MI
Borrower Zip
49601-8439
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
615616.00
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
WEXFORD
Project State
Project Zip
CD
MI-04
Jobs Reported
74
NAICS Code
442110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
29563.00
Payroll Proceed
428525.00
Mortgage Interest Proceed
Rent Proceed
106552.00
Refinance EIDL Proceed
Health Care Proceed
50976.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
619394.03
Forgiveness Date
11/27/2020