PPP Loan information for First companies inc.

$1,073,725

First companies inc. was initially approved for PPP Loan of amount $1,073,725, the current approved amount is $1,073,725. The loan was approved on 01/25/2021 by The Independent Bank reported 68 jobs and $1,073,725 was used to fund payroll.

First companies inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / First companies inc.

FIRST COMPANIES INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FIRST COMPANIES INC.

Borrower Address

4380 Brockton Dr SE Ste 1

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-4108

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1073725.00

Current Approval Amount

1073725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-4108

CD

MI-03

Jobs Reported

68

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1073719.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1080137.93

Forgiveness Date

09/08/2021

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