PPP Loan information for Atlas gear company

$202,707

Atlas gear company was initially approved for PPP Loan of amount $202,707, the current approved amount is $202,707. The loan was approved on 04/15/2020 by The Independent Bank reported 14 jobs and $202,707 was used to fund payroll.

Atlas gear company is Existing or more than 2 years old

PPP Loan Search / MI / MADISON HEIGHTS / Atlas gear company

ATLAS GEAR COMPANY

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ATLAS GEAR COMPANY

Borrower Address

32801 EDWARD AVE

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-1450

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202707.00

Current Approval Amount

202707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1450

CD

MI-11

Jobs Reported

14

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

202707.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203810.63

Forgiveness Date

11/03/2020

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