PPP Loan information for Area agency on aging of western michigan inc

$1,410,653

Area agency on aging of western michigan inc was initially approved for PPP Loan of amount $1,410,653, the current approved amount is $1,410,653. The loan was approved on 04/08/2020 by The Mercantile Bank reported 108 jobs and $1,410,653 was used to fund payroll.

Area agency on aging of western michigan inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Area agency on aging of western michigan inc

AREA AGENCY ON AGING OF WESTERN MICHIGAN INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AREA AGENCY ON AGING OF WESTERN MICHIGAN INC

Borrower Address

3215 EAGLE CREST DR NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525-4593

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1410652.50

Current Approval Amount

1410652.50

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

49525-4593

CD

MI-03

Jobs Reported

108

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23889.50

Payroll Proceed

1380345.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6418.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1430401.64

Forgiveness Date

09/08/2021

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