PPP Loan information for Grand rapids art museum

$457,300

Grand rapids art museum was initially approved for PPP Loan of amount $457,300, the current approved amount is $457,300. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 67 jobs and $457,300 was used to fund payroll.

Grand rapids art museum is New Business or 2 years or less

GRAND RAPIDS ART MUSEUM

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND RAPIDS ART MUSEUM

Borrower Address

101 Monroe Center St NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49503

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

457300.00

Current Approval Amount

457300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49503-0001

CD

MI-02

Jobs Reported

67

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

457300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

461058.63

Forgiveness Date

03/03/2021

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