PPP Loan information for Grand rapids poured walls inc. and cherry valley foundation

$893,800

Grand rapids poured walls inc. and cherry valley foundation was initially approved for PPP Loan of amount $893,800, the current approved amount is $893,800. The loan was approved on 04/08/2020 by The United Bank of Michigan reported 71 jobs and $893,800 was used to fund payroll.

Grand rapids poured walls inc. and cherry valley foundation is Existing or more than 2 years old

GRAND RAPIDS POURED WALLS INC. AND CHERRY VALLEY FOUNDATION

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND RAPIDS POURED WALLS INC. AND CHERRY VALLEY FOUNDATION

Borrower Address

8559 PIEDMONT INDUSTRIAL PK DR

Borrower City

BYRON CENTER

Borrower State

MI

Borrower Zip

49315-9356

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

893800.00

Current Approval Amount

893800.00

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

BYRON CENTER

Project County Name

KENT

Project State

MI

Project Zip

49315-9356

CD

MI-03

Jobs Reported

71

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

768800.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

905295.26

Forgiveness Date

07/26/2021

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