Ofta Ii, LLC

$302,173 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7649147008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$302,173
Current Approval
$302,173
Forgiveness Amount
$304,515
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ofta Ii, LLC
Address
921 Division Ave
ZIP Code
49503-1401
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (524127)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$17.0M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$226,629
Rent
$24,174
Utilities
$6,043
Health Care
$45,326

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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