Date Approved
02/09/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
BAUMANN & DE GROOT INC.
Borrower Address
230 E Lakewood Blvd
Borrower City
Holland
Borrower State
MI
Borrower Zip
49424-2079
Loan Status Date
02/04/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
469300.00
Current Approval Amount
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
Servicing Lender Zip
49424-9572
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTAWA
Project State
Project Zip
CD
MI-02
Jobs Reported
40
NAICS Code
238220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
469295.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
473414.41
Forgiveness Date
01/06/2022