PPP Loan information for Impact business group, inc.

$336,662

Impact business group, inc. was initially approved for PPP Loan of amount $336,662, the current approved amount is $336,662. The loan was approved on 04/14/2020 by The Mercantile Bank reported 22 jobs and $336,662 was used to fund payroll.

Impact business group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Impact business group, inc.

IMPACT BUSINESS GROUP, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IMPACT BUSINESS GROUP, INC.

Borrower Address

3225 N EVERGREEN DR NE STE 302

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525-9334

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

336662.00

Current Approval Amount

336662.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49525-9334

CD

MI-03

Jobs Reported

22

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

299177.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

37484.50

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

338829.55

Forgiveness Date

12/09/2020

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