PPP Loan information for Cypress industries, inc.

$123,055

Cypress industries, inc. was initially approved for PPP Loan of amount $123,055, the current approved amount is $123,055. The loan was approved on 04/08/2020 by The Mercantile Bank reported 8 jobs and $123,055 was used to fund payroll.

Cypress industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Cypress industries, inc.

CYPRESS INDUSTRIES, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CYPRESS INDUSTRIES, INC.

Borrower Address

7877 N 12TH ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-9084

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123055.00

Current Approval Amount

123055.00

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

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-9084

CD

MI-04

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1450.00

Payroll Proceed

109260.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7345.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

124191.15

Forgiveness Date

03/18/2021

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