PPP Loan information for Mayday avionics inc

$259,175

Mayday avionics inc was initially approved for PPP Loan of amount $259,175, the current approved amount is $259,175. The loan was approved on 01/16/2021 by The Sturgis Bank & Trust Company reported 15 jobs and $259,175 was used to fund payroll.

Mayday avionics inc is Existing or more than 2 years old

MAYDAY AVIONICS INC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MAYDAY AVIONICS INC

Borrower Address

5500 44th St SE Bldg 200

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-4159

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259175.00

Current Approval Amount

259175.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

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

49512-4159

CD

MI-03

Jobs Reported

15

NAICS Code

488190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

259171.00

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260311.11

Forgiveness Date

06/29/2021

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