Date Approved
02/09/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
AMERICAN SEATING COMPANY
Borrower Address
801 Broadway Ave NW
Borrower City
Grand Rapids
Borrower State
MI
Borrower Zip
49504-4462
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2000000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
116998
Servicing Lender Name
CIBC Bank USA
Servicing Lender Address
120 S LaSalle St
Servicing Lender City
CHICAGO
Servicing Lender State
IL
Servicing Lender Zip
60603-3403
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
218
NAICS Code
336360
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1999995.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
2015178.08
Forgiveness Date
11/23/2021