PPP Loan information for Great lakes bindery, inc.

$260,000

Great lakes bindery, inc. was initially approved for PPP Loan of amount $260,000, the current approved amount is $260,000. The loan was approved on 04/09/2020 by The Mercantile Bank reported 21 jobs and $260,000 was used to fund payroll.

Great lakes bindery, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Great lakes bindery, inc.

GREAT LAKES BINDERY, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES BINDERY, INC.

Borrower Address

3741 LINDEN AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548-3427

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260000.00

Current Approval Amount

260000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49548-3427

CD

MI-03

Jobs Reported

21

NAICS Code

323120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11880.00

Payroll Proceed

225470.00

Mortgage Interest Proceed

0.00

Rent Proceed

20362.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2288

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261894.79

Forgiveness Date

01/07/2021

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