PPP Loan information for Repcolite paints, inc.

$947,119

Repcolite paints, inc. was initially approved for PPP Loan of amount $947,119, the current approved amount is $947,119. The loan was approved on 04/09/2020 by The Mercantile Bank reported 85 jobs and $947,119 was used to fund payroll.

Repcolite paints, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Repcolite paints, inc.

REPCOLITE PAINTS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

REPCOLITE PAINTS, INC.

Borrower Address

473 W 17th Street

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-3443

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

947119.00

Current Approval Amount

947119.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-3443

CD

MI-02

Jobs Reported

85

NAICS Code

444120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19800.00

Payroll Proceed

695535.00

Mortgage Interest Proceed

0.00

Rent Proceed

126184.00

Refinance EIDL Proceed

0.00

Health Care Proceed

88200.00

Debt Interest Proceed

17400

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

953995.34

Forgiveness Date

01/06/2021

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