PPP Loan information for Vance insurance agency inc.

$50,544

Vance insurance agency inc. was initially approved for PPP Loan of amount $50,544, the current approved amount is $50,544. The loan was approved on 04/09/2020 by The Mercantile Bank reported 5 jobs and $50,544 was used to fund payroll.

Vance insurance agency inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLARE / Vance insurance agency inc.

VANCE INSURANCE AGENCY INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VANCE INSURANCE AGENCY INC.

Borrower Address

1520 N. MCEWAN ST

Borrower City

CLARE

Borrower State

MI

Borrower Zip

48617-1116

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50544.00

Current Approval Amount

50544.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CLARE

Project County Name

CLARE

Project State

MI

Project Zip

48617-1116

CD

MI-02

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47934.00

Mortgage Interest Proceed

0.00

Rent Proceed

2610.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

50941.43

Forgiveness Date

01/28/2021

;