Intercare Community Health Network

$2,728,030 PPP Loan in Bangor, Michigan

Loan Details

Loan Number
8806987001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,728,030
Current Approval
$2,728,031
Forgiveness Amount
$2,771,829
Forgiveness Date
Nov 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Intercare Community Health Network
Address
50 Industrial Park Drive
City
Bangor
ZIP Code
49013
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
187
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$2,182,425
Rent
$181,869
Utilities
$181,869
Mortgage Interest
$181,869

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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