PPP Loan information for Mall city containers, inc

$881,807

Mall city containers, inc was initially approved for PPP Loan of amount $881,807, the current approved amount is $881,807. The loan was approved on 04/08/2020 by The Mercantile Bank reported 63 jobs and $881,807 was used to fund payroll.

Mall city containers, inc is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Mall city containers, inc

MALL CITY CONTAINERS, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MALL CITY CONTAINERS, INC

Borrower Address

2710 N. PITCHER ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49004-3490

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

881807.00

Current Approval Amount

881807.00

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

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49004-3490

CD

MI-04

Jobs Reported

63

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

717377.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

96430.00

Debt Interest Proceed

0

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

887653.50

Forgiveness Date

12/14/2020

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