Katerberg Verhage, Inc.

$836,305 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7599777010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$836,305
Current Approval
$836,305
Forgiveness Amount
$841,827
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Katerberg Verhage, Inc.
Address
3717 Michigan St NE
ZIP Code
49525-3404
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$18.4M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$670,851
Rent
$68,900
Utilities
$10,526
Health Care
$86,028

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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