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
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
CLINTON
Project State
Project Zip
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
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
27210.82
Forgiveness Date
02/09/2021