PPP Loan information for Savant automation, inc.

$522,037

Savant automation, inc. was initially approved for PPP Loan of amount $522,037, the current approved amount is $522,037. The loan was approved on 04/08/2020 by The Mercantile Bank reported 25 jobs and $522,037 was used to fund payroll.

Savant automation, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Savant automation, inc.

SAVANT AUTOMATION, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAVANT AUTOMATION, INC.

Borrower Address

2748 COURIER DR NW STE A

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-1247

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522037.00

Current Approval Amount

522037.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49534-1247

CD

MI-02

Jobs Reported

25

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5049.00

Payroll Proceed

450631.00

Mortgage Interest Proceed

0.00

Rent Proceed

12128.00

Refinance EIDL Proceed

0.00

Health Care Proceed

54229.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

525197.83

Forgiveness Date

11/23/2020

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