PPP Loan information for Grand valley wood products inc.

$320,900

Grand valley wood products inc. was initially approved for PPP Loan of amount $320,900, the current approved amount is $320,900. The loan was approved on 02/04/2021 by The Macatawa Bank reported 26 jobs and $320,900 was used to fund payroll.

Grand valley wood products inc. is Existing or more than 2 years old

GRAND VALLEY WOOD PRODUCTS INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRAND VALLEY WOOD PRODUCTS INC.

Borrower Address

4030 Eastern Ave SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49508-3402

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

320900.00

Current Approval Amount

320900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

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

26

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

320898.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

322561.65

Forgiveness Date

08/25/2021

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