Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
CONCRETE CUTTING & BREAKING CO
Borrower Address
4500 AIRWEST DRIVE SE
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49512-3950
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1835732.50
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
NAICS Code
238910
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
20000.00
Payroll Proceed
1400732.50
Mortgage Interest Proceed
Rent Proceed
80000.00
Refinance EIDL Proceed
Health Care Proceed
320000.00
Debt Interest Proceed
15000
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1847501.31
Forgiveness Date
12/04/2020