PPP Loan information for Orbitform group, llc

$1,839,745

Orbitform group, llc was initially approved for PPP Loan of amount $1,839,745, the current approved amount is $1,839,745. The loan was approved on 04/13/2020 by The Mercantile Bank reported 110 jobs and $1,839,745 was used to fund payroll.

Orbitform group, llc is Existing or more than 2 years old

PPP Loan Search / MI / JACKSON / Orbitform group, llc

ORBITFORM GROUP, LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ORBITFORM GROUP, LLC

Borrower Address

1600 Executive Drive

Borrower City

JACKSON

Borrower State

MI

Borrower Zip

49203-3469

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1839745.00

Current Approval Amount

1839745.00

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

JACKSON

Project County Name

JACKSON

Project State

MI

Project Zip

49203-3469

CD

MI-05

Jobs Reported

110

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

1593618.00

Mortgage Interest Proceed

0.00

Rent Proceed

73334.00

Refinance EIDL Proceed

0.00

Health Care Proceed

153000.00

Debt Interest Proceed

3793

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1738085.24

Forgiveness Date

12/30/2020

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