PPP Loan information for Grand rapids chair company

$1,575,000

Grand rapids chair company was initially approved for PPP Loan of amount $1,575,000, the current approved amount is $1,575,000. The loan was approved on 01/26/2021 by The The Huntington National Bank reported 115 jobs and $1,575,000 was used to fund payroll.

Grand rapids chair company is Existing or more than 2 years old

PPP Loan Search / MI / Byron Center / Grand rapids chair company

GRAND RAPIDS CHAIR COMPANY

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRAND RAPIDS CHAIR COMPANY

Borrower Address

1250 84th St SW

Borrower City

Byron Center

Borrower State

MI

Borrower Zip

49315-8048

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1575000.00

Current Approval Amount

1575000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Byron Center

Project County Name

KENT

Project State

MI

Project Zip

49315-8048

CD

MI-03

Jobs Reported

115

NAICS Code

337122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1574996.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1583500.68

Forgiveness Date

08/17/2021

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