PPP Loan information for Air components & engineering, inc.

$705,058

Air components & engineering, inc. was initially approved for PPP Loan of amount $705,058, the current approved amount is $705,058. The loan was approved on 04/07/2020 by The Mercantile Bank reported 39 jobs and $705,058 was used to fund payroll.

Air components & engineering, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WYOMING / Air components & engineering, inc.

AIR COMPONENTS & ENGINEERING, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AIR COMPONENTS & ENGINEERING, INC.

Borrower Address

1181 58TH ST SW

Borrower City

WYOMING

Borrower State

MI

Borrower Zip

49509-9536

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

705057.50

Current Approval Amount

705057.50

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

WYOMING

Project County Name

KENT

Project State

MI

Project Zip

49509-9536

CD

MI-03

Jobs Reported

39

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3199.50

Payroll Proceed

603683.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

75175.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

708978.78

Forgiveness Date

11/03/2020

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