PPP Loan information for Midtown ventures gr llc

$263,000

Midtown ventures gr llc was initially approved for PPP Loan of amount $263,000, the current approved amount is $263,000. The loan was approved on 04/05/2020 by The Union Bank reported 48 jobs and $263,000 was used to fund payroll.

Midtown ventures gr llc is Existing or more than 2 years old

MIDTOWN VENTURES GR LLC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDTOWN VENTURES GR LLC

Borrower Address

2802 LAKE MICHIGAN DR

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-5857

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263000.00

Current Approval Amount

263000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35975

Servicing Lender Name

Union Bank

Servicing Lender Address

933 4th Ave

Servicing Lender City

LAKE ODESSA

Servicing Lender State

MI

Servicing Lender Zip

48849-1020

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

49504-5857

CD

MI-03

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

18000.00

Payroll Proceed

179000.00

Mortgage Interest Proceed

18000.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4500.00

Debt Interest Proceed

1500

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

35975

Originating Lender

Union Bank

Originating Lender City

LAKE ODESSA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265257.42

Forgiveness Date

02/18/2021

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