PPP Loan information for Insignia homes

$472,680

Insignia homes was initially approved for PPP Loan of amount $472,680, the current approved amount is $472,680. The loan was approved on 04/07/2020 by The Mercantile Bank reported 35 jobs and $472,680 was used to fund payroll.

Insignia homes is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Insignia homes

INSIGNIA HOMES

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INSIGNIA HOMES

Borrower Address

1430 MONROE AVE NW STE 220

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49505-4603

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472680.00

Current Approval Amount

472680.00

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

49505-4603

CD

MI-03

Jobs Reported

35

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

395680.00

Mortgage Interest Proceed

0.00

Rent Proceed

26000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45600.00

Debt Interest Proceed

2400

Business Type

Limited Liability Company(LLC)

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

475723.28

Forgiveness Date

12/07/2020

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