PPP Loan information for Eagle alloy inc esop

$2,000,000

Eagle alloy inc esop was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The ChoiceOne Bank reported 173 jobs and $2,000,000 was used to fund payroll.

Eagle alloy inc esop is Existing or more than 2 years old

EAGLE ALLOY INC ESOP

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EAGLE ALLOY INC ESOP

Borrower Address

5142 Evanston Ave

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49442-4852

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-4852

CD

MI-02

Jobs Reported

173

NAICS Code

331513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2011835.62

Forgiveness Date

09/23/2021

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