Arnie's Inc.
$2,000,000 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 2524688300
- Date Approved
- Jan 21, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,024,767
- Forgiveness Date
- Apr 25, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Arnie's Inc.
- Address
- 815 Leonard St NW
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49504-4147
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 196
- Estimated Revenue
- $34.8M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,999,998
- Utilities
- $1
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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|---|---|---|
| Feyen-Zylstra LLC | $10,000,000 | |
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| Pridgeon & Clay, Inc. | $10,000,000 | |
| Fishbeck, Thompson, Carr & Huber, INC | $8,673,460 | |
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