PPP Loan information for General motivation co. inc.

$50,360

General motivation co. inc. was initially approved for PPP Loan of amount $50,360, the current approved amount is $50,360. The loan was approved on 02/25/2021 by The Mercantile Bank reported 5 jobs and $50,360 was used to fund payroll.

General motivation co. inc. is Existing or more than 2 years old

PPP Loan Search / MI / Rockford / General motivation co. inc.

GENERAL MOTIVATION CO. INC.

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GENERAL MOTIVATION CO. INC.

Borrower Address

901 Northland Dr NE

Borrower City

Rockford

Borrower State

MI

Borrower Zip

49341-8143

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50360.00

Current Approval Amount

50360.00

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

Rockford

Project County Name

KENT

Project State

MI

Project Zip

49341-8143

CD

MI-03

Jobs Reported

5

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50360.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

50801.51

Forgiveness Date

01/12/2022

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