PPP Loan information for Techno-coat inc.

$1,632,155

Techno-coat inc. was initially approved for PPP Loan of amount $1,632,155, the current approved amount is $1,632,155. The loan was approved on 01/22/2021 by The Mercantile Bank reported 119 jobs and $1,632,155 was used to fund payroll.

Techno-coat inc. is Existing or more than 2 years old

PPP Loan Search / MI / Holland / Techno-coat inc.

TECHNO-COAT INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TECHNO-COAT INC.

Borrower Address

861 E 40th St

Borrower City

Holland

Borrower State

MI

Borrower Zip

49423-5397

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1632155.00

Current Approval Amount

1632155.00

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

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

49423-5397

CD

MI-02

Jobs Reported

119

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1632152.00

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

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

1644854.51

Forgiveness Date

11/08/2021

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