PPP Loan information for Jb real estate development llc

$258,122

Jb real estate development llc was initially approved for PPP Loan of amount $258,122, the current approved amount is $258,122. The loan was approved on 01/20/2021 by The Mercantile Bank reported 23 jobs and $258,122 was used to fund payroll.

Jb real estate development llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Jb real estate development llc

JB REAL ESTATE DEVELOPMENT LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JB REAL ESTATE DEVELOPMENT LLC

Borrower Address

32 Market Ave SW Ste 500

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49503-4065

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258121.50

Current Approval Amount

258121.50

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

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

49503-4065

CD

MI-03

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

258116.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

259656.09

Forgiveness Date

08/30/2021

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