PPP Loan information for Scarlett inc

$318,400

Scarlett inc was initially approved for PPP Loan of amount $318,400, the current approved amount is $318,400. The loan was approved on 04/04/2020 by The Mercantile Bank reported 16 jobs and $318,400 was used to fund payroll.

Scarlett inc is Existing or more than 2 years old

SCARLETT INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCARLETT INC

Borrower Address

4355 AIRWEST DR

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-3920

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318400.00

Current Approval Amount

318400.00

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

49512-3920

CD

MI-03

Jobs Reported

16

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35200.00

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

Non-Veteran

Non Profit

Forgiveness Amount

320511.04

Forgiveness Date

12/09/2020

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