PPP Loan information for Due north inc.

$310,352

Due north inc. was initially approved for PPP Loan of amount $310,352, the current approved amount is $310,352. The loan was approved on 04/07/2020 by The Mercantile Bank reported 47 jobs and $310,352 was used to fund payroll.

Due north inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Due north inc.

DUE NORTH INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DUE NORTH INC.

Borrower Address

168 LOUIS CAMPAU PROMENADE NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-2687

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310352.00

Current Approval Amount

310352.00

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

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

49503-2687

CD

MI-03

Jobs Reported

47

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35000.00

Payroll Proceed

233352.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312571.23

Forgiveness Date

12/31/2020

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