PPP Loan information for Cadillac casting, inc

$5,882,925

Cadillac casting, inc was initially approved for PPP Loan of amount $5,882,925, the current approved amount is $5,882,925. The loan was approved on 04/08/2020 by The Mercantile Bank reported 415 jobs and $5,882,925 was used to fund payroll.

Cadillac casting, inc is Existing or more than 2 years old

PPP Loan Search / MI / CADILLAC / Cadillac casting, inc

CADILLAC CASTING, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CADILLAC CASTING, INC

Borrower Address

1500 4TH AVE

Borrower City

CADILLAC

Borrower State

MI

Borrower Zip

49601-9062

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5882925.00

Current Approval Amount

5882925.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CADILLAC

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-9062

CD

MI-04

Jobs Reported

415

NAICS Code

331110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

428565.00

Payroll Proceed

4468240.00

Mortgage Interest Proceed

0.00

Rent Proceed

185897.00

Refinance EIDL Proceed

0.00

Health Care Proceed

700223.00

Debt Interest Proceed

100000

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

5950618.93

Forgiveness Date

06/11/2021

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