PPP Loan information for Cypress industries inc.

$123,055

Cypress industries inc. was initially approved for PPP Loan of amount $123,055, the current approved amount is $123,055. The loan was approved on 01/22/2021 by The Mercantile Bank reported 8 jobs and $123,055 was used to fund payroll.

Cypress industries inc. is Existing or more than 2 years old

PPP Loan Search / MI / Kalamazoo / Cypress industries inc.

CYPRESS INDUSTRIES INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CYPRESS INDUSTRIES INC.

Borrower Address

7877 N 12th St

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49009-9084

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123055.00

Current Approval Amount

123055.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-9084

CD

MI-04

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123052.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124029.33

Forgiveness Date

11/10/2021

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