PPP Loan information for Ginsan liquidating company llc

$334,935

Ginsan liquidating company llc was initially approved for PPP Loan of amount $334,935, the current approved amount is $334,935. The loan was approved on 04/08/2020 by The Mercantile Bank reported 32 jobs and $334,935 was used to fund payroll.

Ginsan liquidating company llc is Existing or more than 2 years old

GINSAN LIQUIDATING COMPANY LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GINSAN LIQUIDATING COMPANY LLC

Borrower Address

3611 3 MILE RD

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-1231

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334935.00

Current Approval Amount

334935.00

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

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49534-1231

CD

MI-02

Jobs Reported

32

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

277601.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26334.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

336990.49

Forgiveness Date

11/25/2020

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