PPP Loan information for Armada grain co.

$360,696

Armada grain co. was initially approved for PPP Loan of amount $360,696, the current approved amount is $360,696. The loan was approved on 04/10/2020 by The ChoiceOne Bank reported 35 jobs and $360,696 was used to fund payroll.

Armada grain co. is Existing or more than 2 years old

PPP Loan Search / MI / ARMADA / Armada grain co.

ARMADA GRAIN CO.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARMADA GRAIN CO.

Borrower Address

73180 FULTON ST

Borrower City

ARMADA

Borrower State

MI

Borrower Zip

48005-4738

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360696.00

Current Approval Amount

360696.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARMADA

Project County Name

MACOMB

Project State

MI

Project Zip

48005-4738

CD

MI-09

Jobs Reported

35

NAICS Code

311119

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

36069.00

Payroll Proceed

288558.00

Mortgage Interest Proceed

36069.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

363383.93

Forgiveness Date

01/14/2021

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