PPP Loan information for Hot stamp tooling systems llc

$177,067

Hot stamp tooling systems llc was initially approved for PPP Loan of amount $177,067, the current approved amount is $177,067. The loan was approved on 03/15/2021 by The Mercantile Bank reported 75 jobs and $177,067 was used to fund payroll.

Hot stamp tooling systems llc is Existing or more than 2 years old

HOT STAMP TOOLING SYSTEMS LLC

Date Approved

03/15/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

HOT STAMP TOOLING SYSTEMS LLC

Borrower Address

555 Plymouth Ave NE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49505-6029

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177067.00

Current Approval Amount

177067.00

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

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49505-6029

CD

MI-03

Jobs Reported

75

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

177062.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

178837.67

Forgiveness Date

03/24/2022

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