Heart of West Michigan United Way

$672,575 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7875227006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$672,575
Current Approval
$672,575
Forgiveness Amount
$676,924
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Heart of West Michigan United Way
Address
118 Commerce Ave SW
ZIP Code
49503-4106
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813219)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$531,250
Utilities
$8,500
Health Care
$132,825

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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