PPP Loan information for Jb real estate development llc

$184,372

Jb real estate development llc was initially approved for PPP Loan of amount $184,372, the current approved amount is $184,372. The loan was approved on 04/07/2020 by The Mercantile Bank reported 45 jobs and $184,372 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

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JB REAL ESTATE DEVELOPMENT LLC

Borrower Address

32 MARKET AVE SW Sutie 500

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-4047

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

184372.00

Current Approval Amount

184372.00

Undisbursed Amount

0.00

Franchise Name

DoubleTree by Hilton

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

49503-4047

CD

MI-03

Jobs Reported

45

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14749.60

Payroll Proceed

147498.00

Mortgage Interest Proceed

22124.40

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

185791.41

Forgiveness Date

01/20/2021

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