PPP Loan information for Verstraete conveyability inc

$184,887

Verstraete conveyability inc was initially approved for PPP Loan of amount $184,887, the current approved amount is $184,887. The loan was approved on 01/21/2021 by The West Michigan Community Bank reported 12 jobs and $184,887 was used to fund payroll.

Verstraete conveyability inc is Existing or more than 2 years old

VERSTRAETE CONVEYABILITY INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VERSTRAETE CONVEYABILITY INC

Borrower Address

2889 Northridge Dr NW

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49544-9109

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

184887.00

Current Approval Amount

184887.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

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

49544-9109

CD

MI-03

Jobs Reported

12

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

184887.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186417.45

Forgiveness Date

11/17/2021

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