PPP Loan information for Rest haven homes inc

$526,972

Rest haven homes inc was initially approved for PPP Loan of amount $526,972, the current approved amount is $526,972. The loan was approved on 04/08/2020 by The Mercantile Bank reported 90 jobs and $526,972 was used to fund payroll.

Rest haven homes inc is Existing or more than 2 years old

REST HAVEN HOMES INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REST HAVEN HOMES INC

Borrower Address

1424 UNION AVE NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49505-5102

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

526971.82

Current Approval Amount

526971.82

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

49505-5102

CD

MI-03

Jobs Reported

90

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

480896.27

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46075.55

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

529859.34

Forgiveness Date

11/03/2020

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