PPP Loan information for Nisco inc

$123,075

Nisco inc was initially approved for PPP Loan of amount $123,075, the current approved amount is $123,075. The loan was approved on 04/07/2020 by The Mercantile Bank reported 47 jobs and $123,075 was used to fund payroll.

Nisco inc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Nisco inc

NISCO INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NISCO INC

Borrower Address

2000 S MISSION ST

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-4425

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123075.00

Current Approval Amount

123075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-4425

CD

MI-02

Jobs Reported

47

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17769.00

Payroll Proceed

92306.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123985.42

Forgiveness Date

01/11/2021

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