PPP Loan information for Michigan wheel operations llc

$1,104,500

Michigan wheel operations llc was initially approved for PPP Loan of amount $1,104,500, the current approved amount is $1,104,500. The loan was approved on 01/29/2021 by The Macatawa Bank reported 70 jobs and $1,104,500 was used to fund payroll.

Michigan wheel operations llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Michigan wheel operations llc

MICHIGAN WHEEL OPERATIONS LLC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN WHEEL OPERATIONS LLC

Borrower Address

1501 Buchanan Ave SW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49507-1612

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1104500.00

Current Approval Amount

1104500.00

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

49507-1612

CD

MI-03

Jobs Reported

70

NAICS Code

331529

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1104498.00

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

Limited Liability Company(LLC)

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

1112155.85

Forgiveness Date

10/20/2021

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