PPP Loan information for Assmann's incorporated

$106,277

Assmann's incorporated was initially approved for PPP Loan of amount $106,277, the current approved amount is $106,277. The loan was approved on 04/10/2020 by The Mercantile Bank reported 11 jobs and $106,277 was used to fund payroll.

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

ASSMANN'S INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ASSMANN'S INCORPORATED

Borrower Address

901 S MISSION ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-3547

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106277.00

Current Approval Amount

106277.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-3547

CD

MI-02

Jobs Reported

11

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

92367.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5910.00

Debt Interest Proceed

0

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

107007.84

Forgiveness Date

12/28/2020

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