PPP Loan information for Egan food technologies, llc

$217,242

Egan food technologies, llc was initially approved for PPP Loan of amount $217,242, the current approved amount is $217,242. The loan was approved on 04/08/2020 by The Mercantile Bank reported 13 jobs and $217,242 was used to fund payroll.

Egan food technologies, llc is Existing or more than 2 years old

EGAN FOOD TECHNOLOGIES, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EGAN FOOD TECHNOLOGIES, LLC

Borrower Address

2040 WALKER CT

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544-1411

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217242.00

Current Approval Amount

217242.00

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

49544-1411

CD

MI-03

Jobs Reported

13

NAICS Code

333241

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195878.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13364.00

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

218866.85

Forgiveness Date

01/12/2021

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