PPP Loan information for Firstronic, llc

$1,767,860

Firstronic, llc was initially approved for PPP Loan of amount $1,915,782, the current approved amount is $1,767,860. The loan was approved on 04/27/2020 by The United Bank of Michigan reported 184 jobs and $1,767,860 was used to fund payroll.

Firstronic, llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Firstronic, llc

FIRSTRONIC, LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FIRSTRONIC, LLC

Borrower Address

1655 MICHIGAN ST NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-2015

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1915782.00

Current Approval Amount

1767860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

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

49503-2015

CD

MI-03

Jobs Reported

184

NAICS Code

334412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1800.00

Payroll Proceed

1424595.00

Mortgage Interest Proceed

0.00

Rent Proceed

6250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

318215.00

Debt Interest Proceed

17000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1781315.38

Forgiveness Date

02/09/2021

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