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
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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