PPP Loan information for Centric laboratories inc

$244,256

Centric laboratories inc was initially approved for PPP Loan of amount $244,256, the current approved amount is $244,256. The loan was approved on 04/14/2020 by The Mercantile Bank reported 20 jobs and $244,256 was used to fund payroll.

Centric laboratories inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Centric laboratories inc

CENTRIC LABORATORIES INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CENTRIC LABORATORIES INC

Borrower Address

1805 Plainfield Ave NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49505-4706

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244255.90

Current Approval Amount

244255.90

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

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

49505-4706

CD

MI-03

Jobs Reported

20

NAICS Code

339116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

206225.56

Mortgage Interest Proceed

0.00

Rent Proceed

3654.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31376.34

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235635.76

Forgiveness Date

11/19/2020

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