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
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
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
Rent Proceed
62009.78
Refinance EIDL Proceed
Health Care Proceed
219552.50
Debt Interest Proceed
79234.53
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date