Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
DALE & MICHAEL CORPORATION
Borrower Address
2213 E GRAND RIVER AVE
Borrower City
LANSING
Borrower State
MI
Borrower Zip
48912-3200
Loan Status Date
06/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
505585.00
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
GRAND RAPIDS
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
INGHAM
Project State
Project Zip
CD
MI-07
Jobs Reported
21
NAICS Code
524210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
10500.00
Payroll Proceed
272808.00
Mortgage Interest Proceed
Rent Proceed
41000.00
Refinance EIDL Proceed
Health Care Proceed
181277.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
510959.44
Forgiveness Date
05/24/2021