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 04/08/2020 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

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GENERAL MOTIVATION CO, INC.

Borrower Address

901 Northland Dr.

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-8143

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

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

1000.00

Payroll Proceed

49360.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50848.42

Forgiveness Date

04/05/2021

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