PPP Loan information for Lincoln nurseries, inc.

$224,025

Lincoln nurseries, inc. was initially approved for PPP Loan of amount $224,025, the current approved amount is $224,025. The loan was approved on 04/06/2020 by The Mercantile Bank reported 28 jobs and $224,025 was used to fund payroll.

Lincoln nurseries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Lincoln nurseries, inc.

LINCOLN NURSERIES, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LINCOLN NURSERIES, INC.

Borrower Address

O-142 LINCOLN ST

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-6844

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224025.00

Current Approval Amount

224025.00

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

OTTAWA

Project State

MI

Project Zip

49534-6844

CD

MI-02

Jobs Reported

28

NAICS Code

115115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6600.00

Payroll Proceed

202325.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15100.00

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

225270.95

Forgiveness Date

11/03/2020

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