PPP Loan information for 20 monroe building company limited partnership

$1,053,035

20 monroe building company limited partnership was initially approved for PPP Loan of amount $1,053,035, the current approved amount is $1,053,035. The loan was approved on 04/07/2020 by The Mercantile Bank reported 230 jobs and $1,053,035 was used to fund payroll.

20 monroe building company limited partnership is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / 20 monroe building company limited partnership

20 MONROE BUILDING COMPANY LIMITED PARTNERSHIP

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

20 MONROE BUILDING COMPANY LIMITED PARTNERSHIP

Borrower Address

20 MONROE AVE NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-2649

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1053035.00

Current Approval Amount

1053035.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-2649

CD

MI-03

Jobs Reported

230

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30000.00

Payroll Proceed

869700.00

Mortgage Interest Proceed

125000.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22755.00

Debt Interest Proceed

4380

Business Type

Limited Liability Partnership

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

1067229.33

Forgiveness Date

08/19/2021

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