PPP Loan information for American thermoforming machinery, inc.

$93,405

American thermoforming machinery, inc. was initially approved for PPP Loan of amount $93,405, the current approved amount is $93,405. The loan was approved on 04/10/2020 by The Mercantile Bank reported 7 jobs and $93,405 was used to fund payroll.

American thermoforming machinery, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WEST BRANCH / American thermoforming machinery, inc.

AMERICAN THERMOFORMING MACHINERY, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

AMERICAN THERMOFORMING MACHINERY, INC.

Borrower Address

2525 GRIFFIN RD

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-9296

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93405.00

Current Approval Amount

93405.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-9296

CD

MI-01

Jobs Reported

7

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5200.00

Payroll Proceed

79050.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

155

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

94065.23

Forgiveness Date

12/30/2020

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