PPP Loan information for Progress michigan education

$176,070

Progress michigan education was initially approved for PPP Loan of amount $176,070, the current approved amount is $176,070. The loan was approved on 04/08/2020 by The Mercantile Bank reported 12 jobs and $176,070 was used to fund payroll.

Progress michigan education is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Progress michigan education

PROGRESS MICHIGAN EDUCATION

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESS MICHIGAN EDUCATION

Borrower Address

614 SEYMOUR AVE

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48933-1120

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176070.00

Current Approval Amount

176070.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48933-1120

CD

MI-07

Jobs Reported

12

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3749.00

Payroll Proceed

132053.00

Mortgage Interest Proceed

3400.00

Rent Proceed

2153.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34715.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

177039.59

Forgiveness Date

11/03/2020

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