PPP Loan information for Verplank trucking co

$1,010,905

Verplank trucking co was initially approved for PPP Loan of amount $1,010,905, the current approved amount is $1,010,905. The loan was approved on 04/08/2020 by The Mercantile Bank reported 63 jobs and $1,010,905 was used to fund payroll.

Verplank trucking co is Existing or more than 2 years old

PPP Loan Search / MI / FERRYSBURG / Verplank trucking co

VERPLANK TRUCKING CO

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VERPLANK TRUCKING CO

Borrower Address

705 W 2nd St PO Box 8

Borrower City

FERRYSBURG

Borrower State

MI

Borrower Zip

49409-0008

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1010905.00

Current Approval Amount

1010905.00

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

FERRYSBURG

Project County Name

OTTAWA

Project State

MI

Project Zip

49409-0008

CD

MI-03

Jobs Reported

63

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

855905.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

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

1017690.53

Forgiveness Date

12/16/2020

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