PPP Loan information for Grand traverse machine company

$638,600

Grand traverse machine company was initially approved for PPP Loan of amount $638,600, the current approved amount is $638,600. The loan was approved on 02/25/2021 by The Independent Bank reported 46 jobs and $638,600 was used to fund payroll.

Grand traverse machine company is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Grand traverse machine company

GRAND TRAVERSE MACHINE COMPANY

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRAND TRAVERSE MACHINE COMPANY

Borrower Address

1247 Boon St

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-4349

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

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

46

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

638598.00

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

643883.76

Forgiveness Date

12/29/2021

;