PPP Loan information for Habitat for humanity of kent county

$772,632

Habitat for humanity of kent county was initially approved for PPP Loan of amount $772,632, the current approved amount is $772,632. The loan was approved on 04/07/2020 by The Mercantile Bank reported 55 jobs and $772,632 was used to fund payroll.

Habitat for humanity of kent county is Existing or more than 2 years old

HABITAT FOR HUMANITY OF KENT COUNTY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HABITAT FOR HUMANITY OF KENT COUNTY

Borrower Address

425 Pleasant Street SW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4959

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

772632.00

Current Approval Amount

772632.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-4959

CD

MI-03

Jobs Reported

55

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18000.00

Payroll Proceed

636507.00

Mortgage Interest Proceed

0.00

Rent Proceed

11700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

106425.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

779194.08

Forgiveness Date

02/18/2021

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