Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ANDY J. EGAN CO., INC.
Borrower Address
2001 WALDORF ST NW
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49544-1437
Loan Status Date
06/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
6170614.00
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
315
NAICS Code
238220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
25580.00
Payroll Proceed
5207436.00
Mortgage Interest Proceed
Rent Proceed
136150.00
Refinance EIDL Proceed
Health Care Proceed
782524.00
Debt Interest Proceed
18924
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
6239251.51
Forgiveness Date
05/25/2021