PPP Loan information for Grapids heating and cooling, inc.

$523,997

Grapids heating and cooling, inc. was initially approved for PPP Loan of amount $523,997, the current approved amount is $523,997. The loan was approved on 04/12/2020 by The Security State Bank reported 43 jobs and $523,997 was used to fund payroll.

Grapids heating and cooling, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Grapids heating and cooling, inc.

GRAPIDS HEATING AND COOLING, INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAPIDS HEATING AND COOLING, INC.

Borrower Address

3325 3 Mile Road NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-1225

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

523997.00

Current Approval Amount

523997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77108

Servicing Lender Name

Security State Bank

Servicing Lender Address

201 S 4th

Servicing Lender City

BASIN

Servicing Lender State

WY

Servicing Lender Zip

82410

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

49534-1225

CD

MI-02

Jobs Reported

43

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65500.00

Payroll Proceed

392997.00

Mortgage Interest Proceed

0.00

Rent Proceed

65500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77108

Originating Lender

Security State Bank

Originating Lender City

BASIN

Originating Lender State

WY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

527563.09

Forgiveness Date

12/17/2020

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