PPP Loan information for Third generation development l.l.c.

$177,100

Third generation development l.l.c. was initially approved for PPP Loan of amount $177,100, the current approved amount is $177,100. The loan was approved on 04/27/2020 by The First National Bank of Michigan reported 13 jobs and $177,100 was used to fund payroll.

Third generation development l.l.c. is Existing or more than 2 years old

THIRD GENERATION DEVELOPMENT L.L.C.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THIRD GENERATION DEVELOPMENT L.L.C.

Borrower Address

1676 Viewpond Dr. 2A & B

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49508-4994

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177100.00

Current Approval Amount

177100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

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

49508-4994

CD

MI-03

Jobs Reported

13

NAICS Code

523930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

177100.00

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

Corporation

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178982.60

Forgiveness Date

05/24/2021

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