PPP Loan information for Coit avenue gravel co inc

$326,000

Coit avenue gravel co inc was initially approved for PPP Loan of amount $326,000, the current approved amount is $326,000. The loan was approved on 04/13/2020 by The 1st Source Bank reported 30 jobs and $326,000 was used to fund payroll.

Coit avenue gravel co inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Coit avenue gravel co inc

COIT AVENUE GRAVEL CO INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COIT AVENUE GRAVEL CO INC

Borrower Address

4772 Coit Avenue

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326000.00

Current Approval Amount

326000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

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

49525-1000

CD

MI-03

Jobs Reported

30

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

326000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327838.28

Forgiveness Date

11/05/2020

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