PPP Loan information for Puritan reformed theological seminary

$409,252

Puritan reformed theological seminary was initially approved for PPP Loan of amount $409,252, the current approved amount is $409,252. The loan was approved on 04/13/2020 by The Mercantile Bank reported 15 jobs and $409,252 was used to fund payroll.

Puritan reformed theological seminary is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Puritan reformed theological seminary

PURITAN REFORMED THEOLOGICAL SEMINARY

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PURITAN REFORMED THEOLOGICAL SEMINARY

Borrower Address

2965 Leonard St NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525-5813

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409252.00

Current Approval Amount

409252.00

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

49525-5813

CD

MI-03

Jobs Reported

15

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

349840.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59412.00

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

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

413961.20

Forgiveness Date

06/11/2021

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