PPP Loan information for Grand rapids machine repair, inc.

$296,100

Grand rapids machine repair, inc. was initially approved for PPP Loan of amount $296,100, the current approved amount is $296,100. The loan was approved on 04/14/2020 by The Old National Bank reported 24 jobs and $296,100 was used to fund payroll.

Grand rapids machine repair, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Grand rapids machine repair, inc.

GRAND RAPIDS MACHINE REPAIR, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND RAPIDS MACHINE REPAIR, INC.

Borrower Address

4000 EASTERN AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49508-3402

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

296100.00

Current Approval Amount

296100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

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

49508-3402

CD

MI-03

Jobs Reported

24

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

296100.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

297690.02

Forgiveness Date

11/12/2020

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