Ele's Place, Inc.

$523,500 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
9272787010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$523,500
Current Approval
$523,500
Forgiveness Amount
$528,133
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ele's Place, Inc.
Address
1145 W Oakland Ave
ZIP Code
48915-2000
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624190)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$487,772
Health Care
$35,728

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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