PPP Loan information for Crystal flash inc employee stock ownership plan

$4,105,500

Crystal flash inc employee stock ownership plan was initially approved for PPP Loan of amount $4,105,500, the current approved amount is $4,105,500. The loan was approved on 04/04/2020 by The Mercantile Bank reported 250 jobs and $4,105,500 was used to fund payroll.

Crystal flash inc employee stock ownership plan is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Crystal flash inc employee stock ownership plan

CRYSTAL FLASH INC EMPLOYEE STOCK OWNERSHIP PLAN

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CRYSTAL FLASH INC EMPLOYEE STOCK OWNERSHIP PLAN

Borrower Address

1754 ALPINE AVE NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-2810

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4105500.00

Current Approval Amount

4105500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-2810

CD

MI-03

Jobs Reported

250

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4105500.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4145317.73

Forgiveness Date

03/31/2021

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