PPP Loan information for Belmont engineered plastics, llc

$1,950,240

Belmont engineered plastics, llc was initially approved for PPP Loan of amount $1,950,240, the current approved amount is $1,950,240. The loan was approved on 04/06/2020 by The First National Bank of Michigan reported 214 jobs and $1,950,240 was used to fund payroll.

Belmont engineered plastics, llc is Existing or more than 2 years old

PPP Loan Search / MI / BELMONT / Belmont engineered plastics, llc

BELMONT ENGINEERED PLASTICS, LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BELMONT ENGINEERED PLASTICS, LLC

Borrower Address

5801 SAFETY DR

Borrower City

BELMONT

Borrower State

MI

Borrower Zip

49306-8832

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950240.00

Current Approval Amount

1950240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

KENT

Project State

MI

Project Zip

49306-8832

CD

MI-03

Jobs Reported

214

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

0.00

Mortgage Interest Proceed

0.00

Rent Proceed

1950240.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1971879.65

Forgiveness Date

05/20/2021

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