PPP Loan information for Component engineering solutions llc

$460,304

Component engineering solutions llc was initially approved for PPP Loan of amount $460,304, the current approved amount is $460,304. The loan was approved on 01/22/2021 by The Mercantile Bank reported 25 jobs and $460,304 was used to fund payroll.

Component engineering solutions llc is Existing or more than 2 years old

COMPONENT ENGINEERING SOLUTIONS LLC

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COMPONENT ENGINEERING SOLUTIONS LLC

Borrower Address

1740 Chicago Dr SW

Borrower City

Wyoming

Borrower State

MI

Borrower Zip

49519-1207

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

460304.00

Current Approval Amount

460304.00

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

Wyoming

Project County Name

KENT

Project State

MI

Project Zip

49519-1207

CD

MI-03

Jobs Reported

25

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

460299.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

462069.55

Forgiveness Date

06/15/2021

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