PPP Loan information for Niles industrial coatings llc

$2,000,000

Niles industrial coatings llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 145 jobs and $2,000,000 was used to fund payroll.

Niles industrial coatings llc is Existing or more than 2 years old

PPP Loan Search / MI / Fenton / Niles industrial coatings llc

NILES INDUSTRIAL COATINGS LLC

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NILES INDUSTRIAL COATINGS LLC

Borrower Address

201 S Alloy Dr

Borrower City

Fenton

Borrower State

MI

Borrower Zip

48430-4434

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fenton

Project County Name

GENESEE

Project State

MI

Project Zip

48430-4434

CD

MI-07

Jobs Reported

145

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024767.12

Forgiveness Date

05/10/2022

;