PPP Loan information for The charter investment group ltd.

$291,163

The charter investment group ltd. was initially approved for PPP Loan of amount $291,163, the current approved amount is $291,163. The loan was approved on 01/23/2021 by The Mercantile Bank reported 14 jobs and $291,163 was used to fund payroll.

The charter investment group ltd. is Existing or more than 2 years old

THE CHARTER INVESTMENT GROUP LTD.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE CHARTER INVESTMENT GROUP LTD.

Borrower Address

140 Monroe Center St NW Ste 300

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49503-2893

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

291162.50

Current Approval Amount

291162.50

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

Y

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

49503-2893

CD

MI-03

Jobs Reported

14

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

291162.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

292582.42

Forgiveness Date

07/23/2021

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