PPP Loan information for Grand rapids machine repair inc

$296,155

Grand rapids machine repair inc was initially approved for PPP Loan of amount $296,155, the current approved amount is $296,155. The loan was approved on 01/26/2021 by The Old National Bank reported 19 jobs and $296,155 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

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRAND RAPIDS MACHINE REPAIR INC

Borrower Address

4000 Eastern Ave SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49508-3402

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

296155.00

Current Approval Amount

296155.00

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

19

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

296151.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

297996.84

Forgiveness Date

09/27/2021

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