Date Approved
04/09/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
C & H FRAKES, INC
Borrower Address
1303 E PICKARD ST
Borrower City
MOUNT PLEASANT
Borrower State
MI
Borrower Zip
48858-1903
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Midas
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
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
Project County Name
ISABELLA
Project State
Project Zip
CD
MI-02
Jobs Reported
3
NAICS Code
811111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1773.17
Payroll Proceed
17299.17
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
2827.66
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
22156.20
Forgiveness Date
06/17/2021