PPP Loan information for Verstraete conveyability inc.

$221,800

Verstraete conveyability inc. was initially approved for PPP Loan of amount $221,800, the current approved amount is $221,800. The loan was approved on 04/08/2020 by The West Michigan Community Bank reported 12 jobs and $221,800 was used to fund payroll.

Verstraete conveyability inc. is New Business or 2 years or less

PPP Loan Search / MI / GRAND RAPIDS / Verstraete conveyability inc.

VERSTRAETE CONVEYABILITY INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

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

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

221800.00

Current Approval Amount

221800.00

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

New Business or 2 years or less

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

221800.00

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

223771.56

Forgiveness Date

02/25/2021

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