Legacy Trust

$406,484 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
3004257109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$406,484
Current Approval
$406,484
Forgiveness Amount
$410,861
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Legacy Trust
Address
99 Monroe Ave Nw, Suite 600
ZIP Code
49503-2587
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (523991)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$309,017
Rent
$60,702
Utilities
$2,621
Health Care
$33,880
Debt Interest
$264

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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