PPP Loan information for Leach food equipment distributors, llc

$230,457

Leach food equipment distributors, llc was initially approved for PPP Loan of amount $230,457, the current approved amount is $230,457. The loan was approved on 04/06/2020 by The Mercantile Bank reported 13 jobs and $230,457 was used to fund payroll.

Leach food equipment distributors, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Leach food equipment distributors, llc

LEACH FOOD EQUIPMENT DISTRIBUTORS, LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEACH FOOD EQUIPMENT DISTRIBUTORS, LLC

Borrower Address

4064 DIVISION AVE S

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548-3369

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230457.00

Current Approval Amount

230457.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49548-3369

CD

MI-03

Jobs Reported

13

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

222170.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8287.00

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

231940.76

Forgiveness Date

12/02/2020

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