PPP Loan information for Artex label & graphics, inc.

$348,622

Artex label & graphics, inc. was initially approved for PPP Loan of amount $348,622, the current approved amount is $348,622. The loan was approved on 04/06/2020 by The Mercantile Bank reported 33 jobs and $348,622 was used to fund payroll.

Artex label & graphics, inc. is Existing or more than 2 years old

ARTEX LABEL & GRAPHICS, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ARTEX LABEL & GRAPHICS, INC.

Borrower Address

740 Case Karsten Dr PO 331

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-9693

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348622.00

Current Approval Amount

348622.00

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

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-9693

CD

MI-02

Jobs Reported

33

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12900.00

Payroll Proceed

262722.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48400.00

Debt Interest Proceed

8600

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

350560.91

Forgiveness Date

11/03/2020

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