PPP Loan information for Dependable lp gas co.

$72,200

Dependable lp gas co. was initially approved for PPP Loan of amount $72,200, the current approved amount is $72,200. The loan was approved on 05/08/2020 by The Macatawa Bank reported 8 jobs and $72,200 was used to fund payroll.

Dependable lp gas co. is Existing or more than 2 years old

DEPENDABLE LP GAS CO.

Date Approved

05/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEPENDABLE LP GAS CO.

Borrower Address

1245 GRAND RIVER DR SE

Borrower City

LOWELL

Borrower State

MI

Borrower Zip

49331-9312

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72200.00

Current Approval Amount

72200.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

KENT

Project State

MI

Project Zip

49331-9312

CD

MI-03

Jobs Reported

8

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72200.00

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

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72625.29

Forgiveness Date

12/17/2020

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