PPP Loan information for Degage ministries

$227,900

Degage ministries was initially approved for PPP Loan of amount $227,900, the current approved amount is $227,900. The loan was approved on 04/08/2020 by The Macatawa Bank reported 27 jobs and $227,900 was used to fund payroll.

Degage ministries is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Degage ministries

DEGAGE MINISTRIES

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEGAGE MINISTRIES

Borrower Address

144 S DIVISION AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4216

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227900.00

Current Approval Amount

227900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-4216

CD

MI-03

Jobs Reported

27

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

227900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

229592.08

Forgiveness Date

01/14/2021

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