Mission Point of Cedar Spings, LLC

$654,883 PPP Loan in Cedar Springs, Michigan

Loan Details

Loan Number
3571157110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$654,883
Current Approval
$654,883
Forgiveness Amount
$662,436
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mission Point of Cedar Spings, LLC
Address
400 Jeffery St
ZIP Code
49319-9572
Business Type
Sole Proprietorship
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
New Business or 2 years or less
Jobs Reported
106
Estimated Revenue
$18.0M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$532,300
Rent
$70,583
Utilities
$12,000
Health Care
$40,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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