Insignia Homes

$472,680 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
6933667003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$472,680
Current Approval
$472,680
Forgiveness Amount
$475,723
Forgiveness Date
Dec 7, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Insignia Homes
Address
1430 Monroe Ave NW Ste 220
ZIP Code
49505-4603
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$395,680
Rent
$26,000
Utilities
$3,000
Health Care
$45,600
Debt Interest
$2,400

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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