PPP Loan information for Heart of west michigan united way

$672,575

Heart of west michigan united way was initially approved for PPP Loan of amount $672,575, the current approved amount is $672,575. The loan was approved on 04/08/2020 by The Mercantile Bank reported 45 jobs and $672,575 was used to fund payroll.

Heart of west michigan united way is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Heart of west michigan united way

HEART OF WEST MICHIGAN UNITED WAY

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HEART OF WEST MICHIGAN UNITED WAY

Borrower Address

118 COMMERCE AVE SW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4106

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672575.00

Current Approval Amount

672575.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-4106

CD

MI-03

Jobs Reported

45

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8500.00

Payroll Proceed

531250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

132825.00

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

676923.70

Forgiveness Date

12/08/2020

;