PPP Loan information for Cordes, inc.

$611,600

Cordes, inc. was initially approved for PPP Loan of amount $611,600, the current approved amount is $611,600. The loan was approved on 05/04/2020 by The Macatawa Bank reported 45 jobs and $611,600 was used to fund payroll.

Cordes, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BYRON CENTER / Cordes, inc.

CORDES, INC.

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORDES, INC.

Borrower Address

10100 SEDROC INDUSTRIAL DR SW

Borrower City

BYRON CENTER

Borrower State

MI

Borrower Zip

49315-7979

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

611600.00

Current Approval Amount

611600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BYRON CENTER

Project County Name

KENT

Project State

MI

Project Zip

49315-7979

CD

MI-03

Jobs Reported

45

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611600.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

619609.45

Forgiveness Date

09/02/2021

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