PPP Loan information for S2 yachts, inc.

$7,317,800

S2 yachts, inc. was initially approved for PPP Loan of amount $7,317,800, the current approved amount is $7,317,800. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 500 jobs and $7,317,800 was used to fund payroll.

S2 yachts, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / S2 yachts, inc.

S2 YACHTS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

S2 YACHTS, INC.

Borrower Address

725 E. 40TH ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-5315

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7317800.00

Current Approval Amount

7317800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-5315

CD

MI-02

Jobs Reported

500

NAICS Code

336612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7317800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7402205.31

Forgiveness Date

06/11/2021

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