Date Approved
04/09/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ONE WAY PRODUCTS, INC.
Borrower Address
5933 W KL AVE
Borrower City
KALAMAZOO
Borrower State
MI
Borrower Zip
49009-8000
Loan Status Date
12/08/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
481515.00
Current Approval Amount
448216.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
IN
Servicing Lender Zip
46360-3328
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-04
Jobs Reported
28
NAICS Code
424690
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
29881.07
Payroll Proceed
358572.80
Mortgage Interest Proceed
29881.06
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
450696.54
Forgiveness Date
11/05/2020