PPP Loan information for Bien foods, inc

$419,600

Bien foods, inc was initially approved for PPP Loan of amount $419,600, the current approved amount is $419,600. The loan was approved on 01/16/2021 by The Commercial Bank reported 25 jobs and $419,600 was used to fund payroll.

Bien foods, inc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Bien foods, inc

BIEN FOODS, INC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BIEN FOODS, INC

Borrower Address

2770 East Paris Ave SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49546-6139

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419600.00

Current Approval Amount

419600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

Y

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

49546-6139

CD

MI-03

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

419595.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

424014.42

Forgiveness Date

02/10/2022

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