PPP Loan information for Arctic refrigeration, inc.

$42,305

Arctic refrigeration, inc. was initially approved for PPP Loan of amount $42,305, the current approved amount is $42,305. The loan was approved on 04/27/2020 by The Mercantile Bank reported 4 jobs and $42,305 was used to fund payroll.

Arctic refrigeration, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LOWELL / Arctic refrigeration, inc.

ARCTIC REFRIGERATION, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARCTIC REFRIGERATION, INC.

Borrower Address

2990 GULLIFORD TRL

Borrower City

LOWELL

Borrower State

MI

Borrower Zip

49331-9572

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42305.00

Current Approval Amount

42305.00

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

LOWELL

Project County Name

KENT

Project State

MI

Project Zip

49331-9572

CD

MI-03

Jobs Reported

4

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

33845.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5060.00

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

42652.71

Forgiveness Date

02/23/2021

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