PPP Loan information for Component engineering solutions, llc

$434,099

Component engineering solutions, llc was initially approved for PPP Loan of amount $434,099, the current approved amount is $434,099. The loan was approved on 04/07/2020 by The Mercantile Bank reported 24 jobs and $434,099 was used to fund payroll.

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

PPP Loan Search / MI / WYOMING / Component engineering solutions, llc

COMPONENT ENGINEERING SOLUTIONS, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

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

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434099.00

Current Approval Amount

434099.00

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

24

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9629.00

Payroll Proceed

354053.00

Mortgage Interest Proceed

0.00

Rent Proceed

19203.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26776.00

Debt Interest Proceed

24438

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

437345.82

Forgiveness Date

01/12/2021

;