PPP Loan information for Kentwood powder coat inc

$489,840

Kentwood powder coat inc was initially approved for PPP Loan of amount $489,840, the current approved amount is $489,840. The loan was approved on 01/28/2021 by The ChoiceOne Bank reported 38 jobs and $489,840 was used to fund payroll.

Kentwood powder coat inc is Existing or more than 2 years old

KENTWOOD POWDER COAT INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

KENTWOOD POWDER COAT INC

Borrower Address

3900 Swank Dr SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-3961

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

489840.00

Current Approval Amount

489840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

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

49512-3961

CD

MI-03

Jobs Reported

38

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

489837.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

380711.84

Forgiveness Date

02/02/2022

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