PPP Loan information for Avasure llc

$2,399,283

Avasure llc was initially approved for PPP Loan of amount $2,399,283, the current approved amount is $2,399,283. The loan was approved on 04/07/2020 by The Mercantile Bank reported 137 jobs and $2,399,283 was used to fund payroll.

Avasure llc is Existing or more than 2 years old

AVASURE LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AVASURE LLC

Borrower Address

5801 Safety Dr NE

Borrower City

BELMONT

Borrower State

MI

Borrower Zip

49306-2500

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2399283.00

Current Approval Amount

2399283.00

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

BELMONT

Project County Name

KENT

Project State

MI

Project Zip

49306-2500

CD

MI-03

Jobs Reported

137

NAICS Code

339112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6348.68

Payroll Proceed

2032137.51

Mortgage Interest Proceed

0.00

Rent Proceed

62009.78

Refinance EIDL Proceed

0.00

Health Care Proceed

219552.50

Debt Interest Proceed

79234.53

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;