PPP Loan information for Andronaco inc

$3,201,760

Andronaco inc was initially approved for PPP Loan of amount $3,201,760, the current approved amount is $3,201,760. The loan was approved on 04/06/2020 by The Mercantile Bank reported 201 jobs and $3,201,760 was used to fund payroll.

Andronaco inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Andronaco inc

ANDRONACO INC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ANDRONACO INC

Borrower Address

4855 Broadmoor Ave SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-5360

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3201760.00

Current Approval Amount

3201760.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-5360

CD

MI-03

Jobs Reported

201

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

128500.00

Payroll Proceed

2401760.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

539000.00

Health Care Proceed

132500.00

Debt Interest Proceed

0

Business Type

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

3246672.36

Forgiveness Date

09/08/2021

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