PPP Loan information for The charter investment group, ltd.

$331,263

The charter investment group, ltd. was initially approved for PPP Loan of amount $331,263, the current approved amount is $331,263. The loan was approved on 04/08/2020 by The Mercantile Bank reported 16 jobs and $331,263 was used to fund payroll.

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

PPP Loan Search / MI / GRAND RAPIDS / The charter investment group, ltd.

THE CHARTER INVESTMENT GROUP, LTD.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

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

49503-2802

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331262.50

Current Approval Amount

331262.50

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

49503-2802

CD

MI-03

Jobs Reported

16

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

656.00

Payroll Proceed

301648.50

Mortgage Interest Proceed

0.00

Rent Proceed

16051.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12907.00

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

333404.36

Forgiveness Date

12/08/2020

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