20 Monroe Building Company Limited Partnership

$1,053,035 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
6963647009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,053,035
Current Approval
$1,053,035
Forgiveness Amount
$1,067,229
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
20 Monroe Building Company Limited Partnership
Address
20 Monroe Ave NW
ZIP Code
49503-2649
Business Type
Limited Liability Partnership
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
230
Estimated Revenue
$40.8M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$869,700
Rent
$1,200
Utilities
$30,000
Health Care
$22,755
Mortgage Interest
$125,000
Debt Interest
$4,380

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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