PPP Loan information for Clark retirement community, inc.

$1,763,857

Clark retirement community, inc. was initially approved for PPP Loan of amount $1,763,857, the current approved amount is $1,763,857. The loan was approved on 04/07/2020 by The Mercantile Bank reported 151 jobs and $1,763,857 was used to fund payroll.

Clark retirement community, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Clark retirement community, inc.

CLARK RETIREMENT COMMUNITY, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CLARK RETIREMENT COMMUNITY, INC.

Borrower Address

1551 FRANKLIN ST

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49506-8203

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1763857.00

Current Approval Amount

1763857.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49506-8203

CD

MI-03

Jobs Reported

151

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

118178.00

Payroll Proceed

1298199.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

209899.00

Debt Interest Proceed

137581

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1776808.06

Forgiveness Date

01/07/2021

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