PPP Loan information for Diversco construction company, inc

$367,292

Diversco construction company, inc was initially approved for PPP Loan of amount $367,292, the current approved amount is $367,292. The loan was approved on 04/06/2020 by The Mercantile Bank reported 21 jobs and $367,292 was used to fund payroll.

Diversco construction company, inc is Existing or more than 2 years old

DIVERSCO CONSTRUCTION COMPANY, INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DIVERSCO CONSTRUCTION COMPANY, INC

Borrower Address

570 MARKET AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4831

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367292.00

Current Approval Amount

367292.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-4831

CD

MI-03

Jobs Reported

21

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

306792.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23000.00

Debt Interest Proceed

3000

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

369334.75

Forgiveness Date

11/03/2020

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