PPP Loan information for Health net of west michigan

$311,377

Health net of west michigan was initially approved for PPP Loan of amount $311,377, the current approved amount is $311,377. The loan was approved on 04/06/2020 by The Mercantile Bank reported 36 jobs and $311,377 was used to fund payroll.

Health net of west michigan is Existing or more than 2 years old

HEALTH NET OF WEST MICHIGAN

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HEALTH NET OF WEST MICHIGAN

Borrower Address

620 CENTURY AVE SW, Suite 210

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4905

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311377.00

Current Approval Amount

311377.00

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

Y

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

49503-4905

CD

MI-03

Jobs Reported

36

NAICS Code

923120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2300.00

Payroll Proceed

255771.00

Mortgage Interest Proceed

0.00

Rent Proceed

19500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33806.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

314439.58

Forgiveness Date

04/08/2021

;