PPP Loan information for 1st choice financial services llc

$193,433

1st choice financial services llc was initially approved for PPP Loan of amount $193,433, the current approved amount is $193,433. The loan was approved on 02/08/2021 by The Mercantile Bank reported 18 jobs and $193,433 was used to fund payroll.

1st choice financial services llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / 1st choice financial services llc

1ST CHOICE FINANCIAL SERVICES LLC

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

1ST CHOICE FINANCIAL SERVICES LLC

Borrower Address

2505 Ardmore St SE Ofc 2

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49506-4924

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193432.50

Current Approval Amount

193432.50

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

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49506-4924

CD

MI-03

Jobs Reported

18

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

193430.50

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

Limited Liability Company(LLC)

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

194338.72

Forgiveness Date

08/02/2021

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