Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
TRAILER EQUIPMENT, INC.
Borrower Address
1701 Steele Ave SW
Borrower City
Grand Rapids
Borrower State
MI
Borrower Zip
49507-1525
Loan Status Date
01/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1396700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
44449
Servicing Lender Name
PNC Bank, National Association
Servicing Lender Address
222 Delaware Ave
Servicing Lender City
WILMINGTON
Servicing Lender State
DE
Servicing Lender Zip
19801-1621
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
124
NAICS Code
423110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1405972.54
Forgiveness Date
12/15/2020