PPP Loan information for Color house graphics, inc.

$346,000

Color house graphics, inc. was initially approved for PPP Loan of amount $346,000, the current approved amount is $346,000. The loan was approved on 04/07/2020 by The Mercantile Bank reported 33 jobs and $346,000 was used to fund payroll.

Color house graphics, inc. is Existing or more than 2 years old

COLOR HOUSE GRAPHICS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COLOR HOUSE GRAPHICS, INC.

Borrower Address

3505 EASTERN AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49508-2408

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346000.00

Current Approval Amount

346000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49508-2408

CD

MI-03

Jobs Reported

33

NAICS Code

323117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25865.00

Payroll Proceed

299753.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4382

Business Type

Subchapter S 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

348540.49

Forgiveness Date

01/07/2021

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