Date Approved
05/18/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MERSMAN LLC
Borrower Address
3480 CHICAGO DR
Borrower City
HUDSONVILLE
Borrower State
MI
Borrower Zip
49426
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
10300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98993
Servicing Lender Name
Lake Michigan CU
Servicing Lender Address
5540 Glenwood Hills Pkwy SE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49512-2044
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTAWA
Project State
Project Zip
49426-0001
CD
MI-02
Jobs Reported
1
NAICS Code
811490
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1288.00
Payroll Proceed
7725.00
Mortgage Interest Proceed
1287.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
10376.96
Forgiveness Date
02/16/2021