PPP Loan information for Rose's building company limited

$421,030

Rose's building company limited was initially approved for PPP Loan of amount $421,030, the current approved amount is $421,030. The loan was approved on 04/07/2020 by The Mercantile Bank reported 79 jobs and $421,030 was used to fund payroll.

Rose's building company limited is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Rose's building company limited

ROSE'S BUILDING COMPANY LIMITED

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROSE'S BUILDING COMPANY LIMITED

Borrower Address

550 LAKESIDE DR

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49506-2934

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

421030.00

Current Approval Amount

421030.00

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

49506-2934

CD

MI-03

Jobs Reported

79

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

386098.00

Mortgage Interest Proceed

10890.00

Rent Proceed

4050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8992.00

Debt Interest Proceed

0

Business Type

Partnership

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

426347.67

Forgiveness Date

07/22/2021

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