PPP Loan information for Glassmaster controls inc

$610,343

Glassmaster controls inc was initially approved for PPP Loan of amount $610,343, the current approved amount is $610,343. The loan was approved on 04/09/2020 by The Mercantile Bank reported 66 jobs and $610,343 was used to fund payroll.

Glassmaster controls inc is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Glassmaster controls inc

GLASSMASTER CONTROLS INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GLASSMASTER CONTROLS INC

Borrower Address

831 COBB AVE

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49007-2444

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

610342.50

Current Approval Amount

610342.50

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49007-2444

CD

MI-04

Jobs Reported

66

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

34199.00

Payroll Proceed

522720.00

Mortgage Interest Proceed

5206.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38337.50

Debt Interest Proceed

9880

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

614121.61

Forgiveness Date

11/30/2020

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