PPP Loan information for Master finish co.

$751,193

Master finish co. was initially approved for PPP Loan of amount $751,193, the current approved amount is $751,193. The loan was approved on 04/08/2020 by The Mercantile Bank reported 82 jobs and $751,193 was used to fund payroll.

Master finish co. is Existing or more than 2 years old

MASTER FINISH CO.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MASTER FINISH CO.

Borrower Address

2020 Nelson Ave

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49507-3300

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

751192.50

Current Approval Amount

751192.50

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

49507-3300

CD

MI-03

Jobs Reported

82

NAICS Code

332813

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

77689.50

Payroll Proceed

562065.00

Mortgage Interest Proceed

0.00

Rent Proceed

8181.00

Refinance EIDL Proceed

0.00

Health Care Proceed

89757.00

Debt Interest Proceed

13500

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

755967.20

Forgiveness Date

12/02/2020

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