PPP Loan information for Arnie's incorporated

$1,441,139

Arnie's incorporated was initially approved for PPP Loan of amount $1,441,139, the current approved amount is $1,441,139. The loan was approved on 04/09/2020 by The Mercantile Bank reported 319 jobs and $1,441,139 was used to fund payroll.

Arnie's incorporated is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Arnie's incorporated

ARNIE'S INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARNIE'S INCORPORATED

Borrower Address

815 LEONARD ST

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-4147

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1441139.00

Current Approval Amount

1441139.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-4147

CD

MI-03

Jobs Reported

319

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

140000.00

Payroll Proceed

1080000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

98885.74

Debt Interest Proceed

22253.26

Business Type

Subchapter S Corporation

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

1459972.52

Forgiveness Date

08/05/2021

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