PPP Loan information for Cup aquisition, llc

$2,247,878

Cup aquisition, llc was initially approved for PPP Loan of amount $2,247,878, the current approved amount is $2,247,878. The loan was approved on 04/07/2020 by The Mercantile Bank reported 188 jobs and $2,247,878 was used to fund payroll.

Cup aquisition, llc is Existing or more than 2 years old

CUP AQUISITION, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CUP AQUISITION, LLC

Borrower Address

2535 Waldorf Ct. NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544-1469

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2247877.50

Current Approval Amount

2247877.50

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

49544-1469

CD

MI-03

Jobs Reported

188

NAICS Code

326121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

128549.00

Payroll Proceed

1638365.50

Mortgage Interest Proceed

0.00

Rent Proceed

267428.00

Refinance EIDL Proceed

0.00

Health Care Proceed

213535.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

2277253.87

Forgiveness Date

08/04/2021

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