PPP Loan information for Loeks theatres, inc.

$561,398

Loeks theatres, inc. was initially approved for PPP Loan of amount $561,398, the current approved amount is $561,398. The loan was approved on 04/28/2020 by The Mercantile Bank reported 421 jobs and $561,398 was used to fund payroll.

Loeks theatres, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Loeks theatres, inc.

LOEKS THEATRES, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOEKS THEATRES, INC.

Borrower Address

2121 CELEBRATION DR

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525-9302

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561397.50

Current Approval Amount

561397.50

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

49525-9302

CD

MI-03

Jobs Reported

421

NAICS Code

722110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421048.50

Mortgage Interest Proceed

0.00

Rent Proceed

140349.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

0.00

Forgiveness Date

;