Date Approved
04/06/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
STENGER & STENGER, P.C.
Borrower Address
2618 EAST PARIS AVE
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49546-2458
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1405463.00
Current Approval Amount
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
Servicing Lender State
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
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
146
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
31400.00
Payroll Proceed
1285063.00
Mortgage Interest Proceed
Rent Proceed
78800.00
Refinance EIDL Proceed
Health Care Proceed
10000.00
Debt Interest Proceed
200
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1416283.14
Forgiveness Date
01/20/2021