PPP Loan information for West michigan compounding

$671,029

West michigan compounding was initially approved for PPP Loan of amount $671,029, the current approved amount is $671,029. The loan was approved on 04/08/2020 by The Mercantile Bank reported 86 jobs and $671,029 was used to fund payroll.

West michigan compounding is Existing or more than 2 years old

WEST MICHIGAN COMPOUNDING

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WEST MICHIGAN COMPOUNDING

Borrower Address

1300 MOORE ST

Borrower City

GREENVILLE

Borrower State

MI

Borrower Zip

48838-8768

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671029.00

Current Approval Amount

671029.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

MONTCALM

Project State

MI

Project Zip

48838-8768

CD

MI-02

Jobs Reported

86

NAICS Code

325991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

177876.63

Payroll Proceed

294073.92

Mortgage Interest Proceed

27968.72

Rent Proceed

111600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59509.73

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

676617.84

Forgiveness Date

02/16/2021

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