PPP Loan information for Arcadia bluffs, l.l.c

$814,500

Arcadia bluffs, l.l.c was initially approved for PPP Loan of amount $814,500, the current approved amount is $814,500. The loan was approved on 04/03/2020 by The Macatawa Bank reported 69 jobs and $814,500 was used to fund payroll.

Arcadia bluffs, l.l.c is Existing or more than 2 years old

ARCADIA BLUFFS, L.L.C

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARCADIA BLUFFS, L.L.C

Borrower Address

201 IONIA AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4136

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

814500.00

Current Approval Amount

814500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

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

49503-4136

CD

MI-03

Jobs Reported

69

NAICS Code

713910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

814500.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

820301.92

Forgiveness Date

12/30/2020

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