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
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
Y
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
188
NAICS Code
326121
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
128549.00
Payroll Proceed
1638365.50
Mortgage Interest Proceed
Rent Proceed
267428.00
Refinance EIDL Proceed
Health Care Proceed
213535.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
2277253.87
Forgiveness Date
08/04/2021