PPP Loan information for Plainfield floral and gift shoppe

$449,102

Plainfield floral and gift shoppe was initially approved for PPP Loan of amount $449,102, the current approved amount is $449,102. The loan was approved on 04/08/2020 by The Mercantile Bank reported 94 jobs and $449,102 was used to fund payroll.

Plainfield floral and gift shoppe is Existing or more than 2 years old

PLAINFIELD FLORAL AND GIFT SHOPPE

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLAINFIELD FLORAL AND GIFT SHOPPE

Borrower Address

2836 Broadmoor Ave

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-1840

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449102.00

Current Approval Amount

449102.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-1840

CD

MI-03

Jobs Reported

94

NAICS Code

453110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

14000.00

Payroll Proceed

331874.00

Mortgage Interest Proceed

0.00

Rent Proceed

86238.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16148.00

Debt Interest Proceed

842

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

441556.16

Forgiveness Date

11/05/2020

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