PPP Loan information for Mayday avionics inc

$251,989

Mayday avionics inc was initially approved for PPP Loan of amount $251,989, the current approved amount is $251,989. The loan was approved on 04/27/2020 by The Sturgis Bank & Trust Company reported 15 jobs and $251,989 was used to fund payroll.

Mayday avionics inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Mayday avionics inc

MAYDAY AVIONICS INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

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

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251989.00

Current Approval Amount

251989.00

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

481111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225853.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26136.00

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

253300.72

Forgiveness Date

11/05/2020

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