PPP Loan information for Corvac composites llc

$5,871,000

Corvac composites llc was initially approved for PPP Loan of amount $5,871,000, the current approved amount is $5,871,000. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 500 jobs and $5,871,000 was used to fund payroll.

Corvac composites llc is Existing or more than 2 years old

PPP Loan Search / MI / GRANDVILLE / Corvac composites llc

CORVAC COMPOSITES LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CORVAC COMPOSITES LLC

Borrower Address

2851 Prairie Street SW

Borrower City

GRANDVILLE

Borrower State

MI

Borrower Zip

49418-2071

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5871000.00

Current Approval Amount

5871000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANDVILLE

Project County Name

KENT

Project State

MI

Project Zip

49418-2071

CD

MI-02

Jobs Reported

500

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5871000.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5938556.71

Forgiveness Date

06/11/2021

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