PPP Loan information for Dale & michael corporation

$505,585

Dale & michael corporation was initially approved for PPP Loan of amount $505,585, the current approved amount is $505,585. The loan was approved on 04/27/2020 by The Mercantile Bank reported 21 jobs and $505,585 was used to fund payroll.

Dale & michael corporation is Existing or more than 2 years old

DALE & MICHAEL CORPORATION

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

505585.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48912-3200

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

0.00

Rent Proceed

41000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

181277.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

510959.44

Forgiveness Date

05/24/2021

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