PPP Loan information for Webster distributing inc

$54,190

Webster distributing inc was initially approved for PPP Loan of amount $54,190, the current approved amount is $54,190. The loan was approved on 04/28/2020 by The Mercantile Bank reported 8 jobs and $54,190 was used to fund payroll.

Webster distributing inc is Existing or more than 2 years old

PPP Loan Search / MI / THREE RIVERS / Webster distributing inc

WEBSTER DISTRIBUTING INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WEBSTER DISTRIBUTING INC

Borrower Address

19567 THOMPSON LN

Borrower City

THREE RIVERS

Borrower State

MI

Borrower Zip

49093-9039

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54190.00

Current Approval Amount

54190.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THREE RIVERS

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49093-9039

CD

MI-05

Jobs Reported

8

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

428.00

Payroll Proceed

52782.00

Mortgage Interest Proceed

0.00

Rent Proceed

980.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

54665.09

Forgiveness Date

03/18/2021

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