PPP Loan information for Nemic industrial supply company

$191,800

Nemic industrial supply company was initially approved for PPP Loan of amount $191,800, the current approved amount is $191,800. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 13 jobs and $191,800 was used to fund payroll.

Nemic industrial supply company is New Business or 2 years or less

PPP Loan Search / MI / GRAND RAPIDS / Nemic industrial supply company

NEMIC INDUSTRIAL SUPPLY COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NEMIC INDUSTRIAL SUPPLY COMPANY

Borrower Address

1547 South Division Ave

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49507

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191800.00

Current Approval Amount

191800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49507-1000

CD

MI-03

Jobs Reported

13

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

191800.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193302.87

Forgiveness Date

02/04/2021

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