PPP Loan information for Applied textiles inc.

$934,848

Applied textiles inc. was initially approved for PPP Loan of amount $934,848, the current approved amount is $934,848. The loan was approved on 01/22/2021 by The Mercantile Bank reported 71 jobs and $934,848 was used to fund payroll.

Applied textiles inc. is Existing or more than 2 years old

PPP Loan Search / MI / Byron Center / Applied textiles inc.

APPLIED TEXTILES INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

APPLIED TEXTILES INC.

Borrower Address

555 76th St SW

Borrower City

Byron Center

Borrower State

MI

Borrower Zip

49315-8377

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

934847.80

Current Approval Amount

934847.80

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

Byron Center

Project County Name

KENT

Project State

MI

Project Zip

49315-8377

CD

MI-03

Jobs Reported

71

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

934845.80

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

943658.42

Forgiveness Date

01/04/2022

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