PPP Loan information for Kids food basket

$400,000

Kids food basket was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/07/2020 by The Mercantile Bank reported 48 jobs and $400,000 was used to fund payroll.

Kids food basket is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Kids food basket

KIDS FOOD BASKET

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KIDS FOOD BASKET

Borrower Address

1300 PLYMOUTH AVE NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49505-5604

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49505-5604

CD

MI-03

Jobs Reported

48

NAICS Code

624210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8500.00

Payroll Proceed

370089.68

Mortgage Interest Proceed

4070.46

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17339.86

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

403298.63

Forgiveness Date

02/09/2021

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