PPP Loan information for Michigan eyecare institute, p.c.

$482,481

Michigan eyecare institute, p.c. was initially approved for PPP Loan of amount $482,481, the current approved amount is $482,481. The loan was approved on 04/30/2020 by The Mercantile Bank reported 51 jobs and $482,481 was used to fund payroll.

Michigan eyecare institute, p.c. is Existing or more than 2 years old

MICHIGAN EYECARE INSTITUTE, P.C.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN EYECARE INSTITUTE, P.C.

Borrower Address

29877 TELEGRAPH RD SUITE 100

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48034-7658

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482480.60

Current Approval Amount

482480.60

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

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-7658

CD

MI-12

Jobs Reported

51

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

482480.60

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

475186.04

Forgiveness Date

12/02/2020

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