PPP Loan information for Concrete cutting & breaking co

$1,835,733

Concrete cutting & breaking co was initially approved for PPP Loan of amount $1,835,733, the current approved amount is $1,835,733. The loan was approved on 04/07/2020 by The Mercantile Bank reported 100 jobs and $1,835,733 was used to fund payroll.

Concrete cutting & breaking co is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Concrete cutting & breaking co

CONCRETE CUTTING & BREAKING CO

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CONCRETE CUTTING & BREAKING CO

Borrower Address

4500 AIRWEST DRIVE SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49512-3950

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1835732.50

Current Approval Amount

1835732.50

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

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49512-3950

CD

MI-03

Jobs Reported

100

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

1400732.50

Mortgage Interest Proceed

0.00

Rent Proceed

80000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

320000.00

Debt Interest Proceed

15000

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

1847501.31

Forgiveness Date

12/04/2020

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