PPP Loan information for Standard lifters inc.

$339,112

Standard lifters inc. was initially approved for PPP Loan of amount $339,112, the current approved amount is $339,112. The loan was approved on 04/07/2020 by The Mercantile Bank reported 23 jobs and $339,112 was used to fund payroll.

Standard lifters inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Standard lifters inc.

STANDARD LIFTERS INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STANDARD LIFTERS INC.

Borrower Address

3096 NORTHRIDGE DR

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544-9117

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339112.00

Current Approval Amount

339112.00

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

49544-9117

CD

MI-03

Jobs Reported

23

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

248112.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341155.96

Forgiveness Date

11/20/2020

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