PPP Loan information for Powder cote ii, llc

$1,043,657

Powder cote ii, llc was initially approved for PPP Loan of amount $1,043,657, the current approved amount is $1,043,657. The loan was approved on 04/27/2020 by The Mercantile Bank reported 148 jobs and $1,043,657 was used to fund payroll.

Powder cote ii, llc is Existing or more than 2 years old

POWDER COTE II, LLC

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

POWDER COTE II, LLC

Borrower Address

193 FRANK L DIGGS DR

Borrower City

CLINTON

Borrower State

TN

Borrower Zip

37716-6573

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1043657.00

Current Approval Amount

1043657.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON

Project County Name

ANDERSON

Project State

TN

Project Zip

37716-6573

CD

TN-03

Jobs Reported

148

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64970.00

Payroll Proceed

874485.00

Mortgage Interest Proceed

0.00

Rent Proceed

90534.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

13668

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

1054322.32

Forgiveness Date

05/10/2021

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