PPP Loan information for Champagne grinding & mfg. co

$141,698

Champagne grinding & mfg. co was initially approved for PPP Loan of amount $141,698, the current approved amount is $141,698. The loan was approved on 04/28/2020 by The Independent Bank reported 10 jobs and $141,698 was used to fund payroll.

Champagne grinding & mfg. co is Existing or more than 2 years old

CHAMPAGNE GRINDING & MFG. CO

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHAMPAGNE GRINDING & MFG. CO

Borrower Address

8600 RONDA DR

Borrower City

CANTON

Borrower State

MI

Borrower Zip

48187-2005

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141698.00

Current Approval Amount

141698.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

WAYNE

Project State

MI

Project Zip

48187-2005

CD

MI-06

Jobs Reported

10

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141698.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142414.36

Forgiveness Date

11/03/2020

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