PPP Loan information for Cascoat electrostatic, inc.

$253,760

Cascoat electrostatic, inc. was initially approved for PPP Loan of amount $253,760, the current approved amount is $253,760. The loan was approved on 04/09/2020 by The Horizon Bank reported 21 jobs and $253,760 was used to fund payroll.

Cascoat electrostatic, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Cascoat electrostatic, inc.

CASCOAT ELECTROSTATIC, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CASCOAT ELECTROSTATIC, INC.

Borrower Address

5037 Falconview Dr

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253760.00

Current Approval Amount

253760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

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

49512-0001

CD

MI-03

Jobs Reported

21

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16918.00

Payroll Proceed

203008.00

Mortgage Interest Proceed

16917.00

Rent Proceed

16917.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

255463.32

Forgiveness Date

12/28/2020

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