PPP Loan information for Rockford construction co

$5,391,400

Rockford construction co was initially approved for PPP Loan of amount $5,391,400, the current approved amount is $5,391,400. The loan was approved on 04/04/2020 by The Mercantile Bank reported 294 jobs and $5,391,400 was used to fund payroll.

Rockford construction co is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Rockford construction co

ROCKFORD CONSTRUCTION CO

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROCKFORD CONSTRUCTION CO

Borrower Address

601 1ST ST NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-5517

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5391400.00

Current Approval Amount

5391400.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-5517

CD

MI-03

Jobs Reported

294

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4889200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

502200.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

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

Forgiveness Amount

5435417.46

Forgiveness Date

02/03/2021

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