PPP Loan information for Industrial solutions, llc

$213,200

Industrial solutions, llc was initially approved for PPP Loan of amount $213,200, the current approved amount is $213,200. The loan was approved on 04/07/2020 by The Lake Michigan CU reported 15 jobs and $213,200 was used to fund payroll.

Industrial solutions, llc is Existing or more than 2 years old

INDUSTRIAL SOLUTIONS, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDUSTRIAL SOLUTIONS, LLC

Borrower Address

13432 Woodrow Ave NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49534-1001

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213200.00

Current Approval Amount

213200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

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

OTTAWA

Project State

MI

Project Zip

49534-1001

CD

MI-02

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

213200.00

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

Subchapter S Corporation

Originating Lender Location Id

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215284.62

Forgiveness Date

04/01/2021

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