PPP Loan information for Aircraft precision products, inc.

$879,250

Aircraft precision products, inc. was initially approved for PPP Loan of amount $879,250, the current approved amount is $879,250. The loan was approved on 04/08/2020 by The Mercantile Bank reported 63 jobs and $879,250 was used to fund payroll.

Aircraft precision products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ITHACA / Aircraft precision products, inc.

AIRCRAFT PRECISION PRODUCTS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AIRCRAFT PRECISION PRODUCTS, INC.

Borrower Address

185 Industrial Parkway

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-9476

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

879250.00

Current Approval Amount

879250.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-9476

CD

MI-04

Jobs Reported

63

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

771140.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

108110.00

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

886717.60

Forgiveness Date

02/18/2021

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