Lifecare, INC
$2,286,180 PPP Loan in Kalamazoo, Michigan
Loan Details
- Loan Number
- 9226567002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,286,180
- Current Approval
- $2,286,180
- Forgiveness Amount
- $2,312,299
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lifecare, INC
- Address
- 1400 Drake Rd
- City
- Kalamazoo
- State
- Michigan
- ZIP Code
- 49006-1978
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 376
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $1,766,180
- Utilities
- $112,000
- Health Care
- $260,000
- Mortgage Interest
- $122,000
- Debt Interest
- $26,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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