PPP Loan information for Best aire compressor services inc.

$502,340

Best aire compressor services inc. was initially approved for PPP Loan of amount $502,340, the current approved amount is $502,340. The loan was approved on 01/20/2021 by The Lake Michigan CU reported 34 jobs and $502,340 was used to fund payroll.

Best aire compressor services inc. is Existing or more than 2 years old

PPP Loan Search / MI / Ada / Best aire compressor services inc.

BEST AIRE COMPRESSOR SERVICES INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BEST AIRE COMPRESSOR SERVICES INC.

Borrower Address

7125 Headley St SE # 999

Borrower City

Ada

Borrower State

MI

Borrower Zip

49301-4538

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502340.00

Current Approval Amount

502340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ada

Project County Name

KENT

Project State

MI

Project Zip

49301-4538

CD

MI-03

Jobs Reported

34

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

502340.00

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

Subchapter S Corporation

Originating Lender Location Id

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505591.26

Forgiveness Date

09/16/2021

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