PPP Loan information for Newco design build llc

$647,410

Newco design build llc was initially approved for PPP Loan of amount $647,410, the current approved amount is $647,410. The loan was approved on 02/20/2021 by The Lake Michigan CU reported 44 jobs and $647,410 was used to fund payroll.

Newco design build llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Newco design build llc

NEWCO DESIGN BUILD LLC

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NEWCO DESIGN BUILD LLC

Borrower Address

4131 Roger B Chaffee Mem Dr SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49548-3443

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

647410.00

Current Approval Amount

647410.00

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

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49548-3443

CD

MI-03

Jobs Reported

44

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

647410.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

651869.94

Forgiveness Date

10/29/2021

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