PPP Loan information for 1st choice financial services, llc

$216,258

1st choice financial services, llc was initially approved for PPP Loan of amount $216,258, the current approved amount is $216,258. The loan was approved on 04/06/2020 by The Mercantile Bank reported 20 jobs and $216,258 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

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

1ST CHOICE FINANCIAL SERVICES, LLC

Borrower Address

904 36th St. SE Suite C

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49508-2400

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216257.50

Current Approval Amount

216257.50

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

49508-2400

CD

MI-03

Jobs Reported

20

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190842.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25415.00

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

218023.11

Forgiveness Date

02/09/2021

;