11 IONIA ENTERPRISES, INC. (MI) - 2020 PPP Loan Borrower Profile (# 9634817004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 11 IONIA ENTERPRISES, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

9634817004

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$91,287

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$45,209.28

Date Loan was Forgiven

Aug 2, 2021

Loan Status

Paid in Full

Loan Term

59 Months

Utilities Proced

10,257

Payroll Proced

73,030

Rent Proceed

8,000

Lender

Mercantile Bank

Business Detail

Business Type

Corporation

NAICS

722410

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.