PPP Loan information for Recognation, llc

$387,209

Recognation, llc was initially approved for PPP Loan of amount $387,209, the current approved amount is $387,209. The loan was approved on 04/07/2020 by The Mercantile Bank reported 26 jobs and $387,209 was used to fund payroll.

Recognation, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Recognation, llc

RECOGNATION, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RECOGNATION, LLC

Borrower Address

5380 52ND ST SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-9702

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387209.00

Current Approval Amount

387209.00

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

49512-9702

CD

MI-03

Jobs Reported

26

NAICS Code

454110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1957.12

Payroll Proceed

348648.46

Mortgage Interest Proceed

0.00

Rent Proceed

21624.24

Refinance EIDL Proceed

0.00

Health Care Proceed

14979.18

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

389447.39

Forgiveness Date

11/12/2020

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