PPP Loan information for Aggressive tool & die

$501,133

Aggressive tool & die was initially approved for PPP Loan of amount $501,133, the current approved amount is $501,133. The loan was approved on 04/08/2020 by The Mercantile Bank reported 40 jobs and $501,133 was used to fund payroll.

Aggressive tool & die is Existing or more than 2 years old

AGGRESSIVE TOOL & DIE

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AGGRESSIVE TOOL & DIE

Borrower Address

728 Main Street

Borrower City

COOPERSVILLE

Borrower State

MI

Borrower Zip

49404-1363

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501132.50

Current Approval Amount

501132.50

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

COOPERSVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49404-1363

CD

MI-02

Jobs Reported

40

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13400.00

Payroll Proceed

405732.50

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505567.18

Forgiveness Date

03/03/2021

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