PPP Loan information for Interphase office interiors, inc

$314,098

Interphase office interiors, inc was initially approved for PPP Loan of amount $314,098, the current approved amount is $314,098. The loan was approved on 04/08/2020 by The Mercantile Bank reported 23 jobs and $314,098 was used to fund payroll.

Interphase office interiors, inc is Existing or more than 2 years old

INTERPHASE OFFICE INTERIORS, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTERPHASE OFFICE INTERIORS, INC

Borrower Address

3036 EASTERN AVE SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49508-1321

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314097.50

Current Approval Amount

314097.50

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

49508-1321

CD

MI-03

Jobs Reported

23

NAICS Code

423210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3775.00

Payroll Proceed

267499.50

Mortgage Interest Proceed

0.00

Rent Proceed

25250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14039.00

Debt Interest Proceed

3534

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

316765.18

Forgiveness Date

02/18/2021

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