PPP Loan information for His holdings, inc.

$3,300,000

His holdings, inc. was initially approved for PPP Loan of amount $3,300,000, the current approved amount is $3,300,000. The loan was approved on 04/10/2020 by The Mercantile Bank reported 500 jobs and $3,300,000 was used to fund payroll.

His holdings, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / His holdings, inc.

HIS HOLDINGS, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HIS HOLDINGS, INC.

Borrower Address

265 Leonard St NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-4221

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3300000.00

Current Approval Amount

3300000.00

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

49504-4221

CD

MI-03

Jobs Reported

500

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

3255000.00

Mortgage Interest Proceed

0.00

Rent Proceed

22000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

3329112.33

Forgiveness Date

03/05/2021

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