PPP Loan information for Sheldon company

$515,000

Sheldon company was initially approved for PPP Loan of amount $515,000, the current approved amount is $515,000. The loan was approved on 01/27/2021 by The Macatawa Bank reported 85 jobs and $515,000 was used to fund payroll.

Sheldon company is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Sheldon company

SHELDON COMPANY

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHELDON COMPANY

Borrower Address

3000 Breton Rd SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-1748

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

515000.00

Current Approval Amount

515000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-1748

CD

MI-03

Jobs Reported

85

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

514998.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

520065.34

Forgiveness Date

02/03/2022

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