PPP Loan information for Community rebuilders

$500,617

Community rebuilders was initially approved for PPP Loan of amount $500,617, the current approved amount is $500,617. The loan was approved on 04/08/2020 by The Mercantile Bank reported 44 jobs and $500,617 was used to fund payroll.

Community rebuilders is Existing or more than 2 years old

COMMUNITY REBUILDERS

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMMUNITY REBUILDERS

Borrower Address

1120 Monroe NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-1075

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500617.00

Current Approval Amount

500617.00

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

49503-1075

CD

MI-03

Jobs Reported

44

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

396493.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

104124.00

Debt Interest Proceed

0

Business Type

Professional Association

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

493869.86

Forgiveness Date

12/14/2020

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