Clark Retirement Community, Inc.

$1,763,857 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
6951807001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,763,857
Current Approval
$1,763,857
Forgiveness Amount
$1,776,808
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Clark Retirement Community, Inc.
Address
1551 Franklin St
ZIP Code
49506-8203
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623311)
Business Age
Existing or more than 2 years old
Jobs Reported
151
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,298,199
Utilities
$118,178
Health Care
$209,899
Debt Interest
$137,581

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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