PPP Loan information for Lake michigan dental, pc

$253,688

Lake michigan dental, pc was initially approved for PPP Loan of amount $253,688, the current approved amount is $253,688. The loan was approved on 04/08/2020 by The Mercantile Bank reported 18 jobs and $253,688 was used to fund payroll.

Lake michigan dental, pc is Existing or more than 2 years old

LAKE MICHIGAN DENTAL, PC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKE MICHIGAN DENTAL, PC

Borrower Address

2150 LAKE MICHIGAN DR Suite A

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-4761

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253688.00

Current Approval Amount

253688.00

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

49504-4761

CD

MI-03

Jobs Reported

18

NAICS Code

621210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1400.00

Payroll Proceed

239688.00

Mortgage Interest Proceed

0.00

Rent Proceed

12600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

255495.09

Forgiveness Date

12/30/2020

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