PPP Loan information for Doug's small engine, inc

$63,317

Doug's small engine, inc was initially approved for PPP Loan of amount $63,317, the current approved amount is $63,317. The loan was approved on 04/14/2020 by The Mercantile Bank reported 5 jobs and $63,317 was used to fund payroll.

Doug's small engine, inc is New Business or 2 years or less

PPP Loan Search / MI / MOUNT PLEASANT / Doug's small engine, inc

DOUG'S SMALL ENGINE, INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOUG'S SMALL ENGINE, INC

Borrower Address

5293 E PICKARD

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-5007

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63317.00

Current Approval Amount

63317.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-5007

CD

MI-02

Jobs Reported

5

NAICS Code

811411

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1526.00

Payroll Proceed

58958.00

Mortgage Interest Proceed

0.00

Rent Proceed

2833.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

63745.47

Forgiveness Date

12/28/2020

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