PPP Loan information for Newco design build, llc

$764,300

Newco design build, llc was initially approved for PPP Loan of amount $764,300, the current approved amount is $764,300. The loan was approved on 04/09/2020 by The Lake Michigan CU reported 51 jobs and $764,300 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

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEWCO DESIGN BUILD, LLC

Borrower Address

4131 Roger B Chaffee Memorial Blvd

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49548-3443

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

764300.00

Current Approval Amount

764300.00

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

N

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

51

NAICS Code

236220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

764300.00

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

770987.62

Forgiveness Date

03/05/2021

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