PPP Loan information for Financial strategies group inc

$118,721

Financial strategies group inc was initially approved for PPP Loan of amount $118,721, the current approved amount is $118,721. The loan was approved on 04/28/2020 by The Mercantile Bank reported 15 jobs and $118,721 was used to fund payroll.

Financial strategies group inc is Existing or more than 2 years old

PPP Loan Search / MI / OKEMOS / Financial strategies group inc

FINANCIAL STRATEGIES GROUP INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FINANCIAL STRATEGIES GROUP INC

Borrower Address

2270 JOLLY OAK RD

Borrower City

OKEMOS

Borrower State

MI

Borrower Zip

48864-6932

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118721.00

Current Approval Amount

118721.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

OKEMOS

Project County Name

INGHAM

Project State

MI

Project Zip

48864-6932

CD

MI-07

Jobs Reported

15

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9680.00

Payroll Proceed

89041.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

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

119485.37

Forgiveness Date

12/23/2020

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