PPP Loan information for Witness inspection inc

$504,672

Witness inspection inc was initially approved for PPP Loan of amount $504,672, the current approved amount is $504,672. The loan was approved on 04/08/2020 by The Mercantile Bank reported 72 jobs and $504,672 was used to fund payroll.

Witness inspection inc is Existing or more than 2 years old

WITNESS INSPECTION INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WITNESS INSPECTION INC

Borrower Address

601 E ROOSEVELT AVE

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-1345

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504672.00

Current Approval Amount

504672.00

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

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-1345

CD

MI-02

Jobs Reported

72

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

42000.00

Payroll Proceed

397672.00

Mortgage Interest Proceed

0.00

Rent Proceed

40600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

8400

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

507575.59

Forgiveness Date

11/12/2020

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