PPP Loan information for Grand traverse machine co.

$638,600

Grand traverse machine co. was initially approved for PPP Loan of amount $638,600, the current approved amount is $638,600. The loan was approved on 04/10/2020 by The Independent Bank reported 57 jobs and $638,600 was used to fund payroll.

Grand traverse machine co. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Grand traverse machine co.

GRAND TRAVERSE MACHINE CO.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND TRAVERSE MACHINE CO.

Borrower Address

1247 BOON ST

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-4349

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

638600.00

Current Approval Amount

638600.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4349

CD

MI-01

Jobs Reported

57

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

638600.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

644128.70

Forgiveness Date

02/25/2021

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