Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
BOSVELD INC
Borrower Address
11319 1ST AVE NW
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49534-3364
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
284882.00
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
49504-4224
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
19
NAICS Code
236220
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
6300.00
Payroll Proceed
241074.00
Mortgage Interest Proceed
Rent Proceed
16000.00
Refinance EIDL Proceed
Health Care Proceed
21508.00
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
287020.57
Forgiveness Date
01/13/2021