PPP Loan information for Brightformat inc.

$202,200

Brightformat inc. was initially approved for PPP Loan of amount $202,200, the current approved amount is $202,200. The loan was approved on 01/28/2021 by The Macatawa Bank reported 13 jobs and $202,200 was used to fund payroll.

Brightformat inc. is Existing or more than 2 years old

BRIGHTFORMAT INC.

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BRIGHTFORMAT INC.

Borrower Address

5300 Corporate Grove Dr SE Ste 200

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-5512

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

202200.00

Current Approval Amount

202200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-5512

CD

MI-03

Jobs Reported

13

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

202196.00

Mortgage Interest Proceed

0.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203956.09

Forgiveness Date

12/23/2021

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