PPP Loan information for Schenk & boncher pc

$175,570

Schenk & boncher pc was initially approved for PPP Loan of amount $175,570, the current approved amount is $175,570. The loan was approved on 04/08/2020 by The Mercantile Bank reported 14 jobs and $175,570 was used to fund payroll.

Schenk & boncher pc is Existing or more than 2 years old

SCHENK & BONCHER PC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCHENK & BONCHER PC

Borrower Address

600 3 MILE RD

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544-1601

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175570.00

Current Approval Amount

175570.00

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

49544-1601

CD

MI-03

Jobs Reported

14

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9869.00

Payroll Proceed

129272.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11184.00

Debt Interest Proceed

2245

Business Type

Corporation

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

176762.91

Forgiveness Date

12/21/2020

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