PPP Loan information for Correct compression operating inc.

$274,624

Correct compression operating inc. was initially approved for PPP Loan of amount $274,624, the current approved amount is $274,624. The loan was approved on 01/20/2021 by The West Shore Bank reported 14 jobs and $274,624 was used to fund payroll.

Correct compression operating inc. is Existing or more than 2 years old

CORRECT COMPRESSION OPERATING INC.

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CORRECT COMPRESSION OPERATING INC.

Borrower Address

11903 Chippewa Hwy

Borrower City

Bear Lake

Borrower State

MI

Borrower Zip

49614-9424

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274624.00

Current Approval Amount

274624.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36467

Servicing Lender Name

West Shore Bank

Servicing Lender Address

201 W Loomis St

Servicing Lender City

LUDINGTON

Servicing Lender State

MI

Servicing Lender Zip

49431-2012

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bear Lake

Project County Name

MANISTEE

Project State

MI

Project Zip

49614-9424

CD

MI-01

Jobs Reported

14

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

274622.00

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

Corporation

Originating Lender Location Id

36467

Originating Lender

West Shore Bank

Originating Lender City

LUDINGTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

276035.26

Forgiveness Date

08/03/2021

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