PPP Loan information for Eic, inc.

$27,000

Eic, inc. was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/27/2020 by The Mercantile Bank reported 13 jobs and $27,000 was used to fund payroll.

Eic, inc. is New Business or 2 years or less

EIC, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

EIC, INC.

Borrower Address

2417 ONTARIO DR

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-8267

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Jet's Pizza

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

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-8267

CD

MI-04

Jobs Reported

13

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6031.42

Payroll Proceed

10800.00

Mortgage Interest Proceed

5095.24

Rent Proceed

5073.34

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

27210.82

Forgiveness Date

02/09/2021

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