PPP Loan information for Consumers concrete corporation

$3,052,272

Consumers concrete corporation was initially approved for PPP Loan of amount $3,052,272, the current approved amount is $3,052,272. The loan was approved on 04/07/2020 by The Mercantile Bank reported 214 jobs and $3,052,272 was used to fund payroll.

Consumers concrete corporation is Existing or more than 2 years old

CONSUMERS CONCRETE CORPORATION

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CONSUMERS CONCRETE CORPORATION

Borrower Address

3506 Lovers Lane

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49001-4806

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3052272.00

Current Approval Amount

3052272.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-4806

CD

MI-04

Jobs Reported

214

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

133000.00

Payroll Proceed

2377272.00

Mortgage Interest Proceed

37000.00

Rent Proceed

85000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

410000.00

Debt Interest Proceed

10000

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

3087394.03

Forgiveness Date

06/11/2021

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