PPP Loan information for Echo quality grinding inc.

$150,000

Echo quality grinding inc. was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 01/23/2021 by The Alden State Bank reported 14 jobs and $150,000 was used to fund payroll.

Echo quality grinding inc. is Existing or more than 2 years old

ECHO QUALITY GRINDING INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ECHO QUALITY GRINDING INC.

Borrower Address

3166 Muckle Rd

Borrower City

Central Lake

Borrower State

MI

Borrower Zip

49622-9526

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33523

Servicing Lender Name

Alden State Bank

Servicing Lender Address

10564 Coy St

Servicing Lender City

ALDEN

Servicing Lender State

MI

Servicing Lender Zip

49612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Central Lake

Project County Name

ANTRIM

Project State

MI

Project Zip

49622-9526

CD

MI-01

Jobs Reported

14

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

33523

Originating Lender

Alden State Bank

Originating Lender City

ALDEN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150862.50

Forgiveness Date

08/30/2021

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