Carelinc Medical Equipment & Supply Co LLC
$4,907,750 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 1763507103
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,907,750
- Current Approval
- $4,907,750
- Forgiveness Amount
- $4,964,088
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Carelinc Medical Equipment & Supply Co LLC
- Address
- 89 54th St SW
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49548-5503
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Wholesale Trade (423450)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 485
- Estimated Revenue
- $148.6M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $4,126,250
- Rent
- $170,000
- Utilities
- $16,500
- Health Care
- $595,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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