Progress Michigan Education

$176,070 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
7867097004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$176,070
Current Approval
$176,070
Forgiveness Amount
$177,040
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Progress Michigan Education
Address
614 Seymour Ave
ZIP Code
48933-1120
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813319)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$132,053
Rent
$2,153
Utilities
$3,749
Health Care
$34,715
Mortgage Interest
$3,400

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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