PPP Loan information for Baxter community center

$221,719

Baxter community center was initially approved for PPP Loan of amount $221,719, the current approved amount is $221,719. The loan was approved on 04/10/2020 by The Mercantile Bank reported 27 jobs and $221,719 was used to fund payroll.

Baxter community center is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Baxter community center

BAXTER COMMUNITY CENTER

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BAXTER COMMUNITY CENTER

Borrower Address

935 BAXTER ST

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49506-2500

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221719.00

Current Approval Amount

221719.00

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

49506-2500

CD

MI-03

Jobs Reported

27

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

197719.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Non-Profit Childcare Center

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

223043.24

Forgiveness Date

11/20/2020

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