PPP Loan information for Koenes auto body inc

$696,942

Koenes auto body inc was initially approved for PPP Loan of amount $696,942, the current approved amount is $696,942. The loan was approved on 04/07/2020 by The Mercantile Bank reported 44 jobs and $696,942 was used to fund payroll.

Koenes auto body inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Koenes auto body inc

KOENES AUTO BODY INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KOENES AUTO BODY INC

Borrower Address

5100 Patterson Ave

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-5343

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

696942.00

Current Approval Amount

696942.00

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

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

49512-5343

CD

MI-03

Jobs Reported

44

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14500.00

Payroll Proceed

586788.00

Mortgage Interest Proceed

9254.00

Rent Proceed

69400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17000.00

Debt Interest Proceed

0

Business Type

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

700760.86

Forgiveness Date

11/03/2020

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