PPP Loan information for Michigan conference of the united methodist church

$880,157

Michigan conference of the united methodist church was initially approved for PPP Loan of amount $880,157, the current approved amount is $880,157. The loan was approved on 04/27/2020 by The Mercantile Bank reported 73 jobs and $880,157 was used to fund payroll.

Michigan conference of the united methodist church is New Business or 2 years or less

MICHIGAN CONFERENCE OF THE UNITED METHODIST CHURCH

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN CONFERENCE OF THE UNITED METHODIST CHURCH

Borrower Address

1011 NORTHCREST RD

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-1299

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

880157.00

Current Approval Amount

880157.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LANSING

Project County Name

CLINTON

Project State

MI

Project Zip

48906-1299

CD

MI-07

Jobs Reported

73

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

138523.00

Payroll Proceed

574288.00

Mortgage Interest Proceed

5000.00

Rent Proceed

32508.00

Refinance EIDL Proceed

0.00

Health Care Proceed

129838.00

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

885847.88

Forgiveness Date

12/22/2020

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