PPP Loan information for Great lakes belting & supply corporation

$170,077

Great lakes belting & supply corporation was initially approved for PPP Loan of amount $170,077, the current approved amount is $170,077. The loan was approved on 04/27/2020 by The Mercantile Bank reported 17 jobs and $170,077 was used to fund payroll.

Great lakes belting & supply corporation is Existing or more than 2 years old

GREAT LAKES BELTING & SUPPLY CORPORATION

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES BELTING & SUPPLY CORPORATION

Borrower Address

142 AMPEY RD

Borrower City

PAW PAW

Borrower State

MI

Borrower Zip

49079-1815

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170077.00

Current Approval Amount

170077.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAW PAW

Project County Name

VAN BUREN

Project State

MI

Project Zip

49079-1815

CD

MI-04

Jobs Reported

17

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2700.00

Payroll Proceed

140077.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5300.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171512.17

Forgiveness Date

03/03/2021

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