PPP Loan information for Legacy trust

$406,484

Legacy trust was initially approved for PPP Loan of amount $406,484, the current approved amount is $406,484. The loan was approved on 04/11/2020 by The Sturgis Bank & Trust Company reported 16 jobs and $406,484 was used to fund payroll.

Legacy trust is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Legacy trust

LEGACY TRUST

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEGACY TRUST

Borrower Address

99 MONROE AVE NW, SUITE 600

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-2587

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406484.00

Current Approval Amount

406484.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

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

49503-2587

CD

MI-03

Jobs Reported

16

NAICS Code

523991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2621.12

Payroll Proceed

309017.00

Mortgage Interest Proceed

0.00

Rent Proceed

60702.24

Refinance EIDL Proceed

0.00

Health Care Proceed

33880.03

Debt Interest Proceed

263.61

Business Type

Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

410860.66

Forgiveness Date

05/21/2021

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