PPP Loan information for Ofta i, llc

$308,355

Ofta i, llc was initially approved for PPP Loan of amount $308,355, the current approved amount is $308,355. The loan was approved on 04/07/2020 by The Mercantile Bank reported 24 jobs and $308,355 was used to fund payroll.

Ofta i, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Ofta i, llc

OFTA I, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OFTA I, LLC

Borrower Address

921 DIVISION AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-1401

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308355.00

Current Approval Amount

308355.00

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

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

49503-1401

CD

MI-03

Jobs Reported

24

NAICS Code

524127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6167.10

Payroll Proceed

231266.25

Mortgage Interest Proceed

0.00

Rent Proceed

24668.40

Refinance EIDL Proceed

0.00

Health Care Proceed

46253.25

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

310754.26

Forgiveness Date

01/25/2021

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