PPP Loan information for J. hansen-balk steel treating co.

$727,500

J. hansen-balk steel treating co. was initially approved for PPP Loan of amount $727,500, the current approved amount is $727,500. The loan was approved on 01/23/2021 by The Macatawa Bank reported 40 jobs and $727,500 was used to fund payroll.

J. hansen-balk steel treating co. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / J. hansen-balk steel treating co.

J. HANSEN-BALK STEEL TREATING CO.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

J. HANSEN-BALK STEEL TREATING CO.

Borrower Address

1230 Monroe Ave NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49505-4620

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

727500.00

Current Approval Amount

727500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49505-4620

CD

MI-03

Jobs Reported

40

NAICS Code

332811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

727498.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

734595.62

Forgiveness Date

01/25/2022

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