PPP Loan information for High grade materials company

$4,149,872

High grade materials company was initially approved for PPP Loan of amount $4,149,872, the current approved amount is $4,149,872. The loan was approved on 04/06/2020 by The Mercantile Bank reported 285 jobs and $4,149,872 was used to fund payroll.

High grade materials company is Existing or more than 2 years old

PPP Loan Search / MI / GREENVILLE / High grade materials company

HIGH GRADE MATERIALS COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HIGH GRADE MATERIALS COMPANY

Borrower Address

9266 SNOWS LAKE RD

Borrower City

GREENVILLE

Borrower State

MI

Borrower Zip

48838-8753

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4149872.00

Current Approval Amount

4149872.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

MONTCALM

Project State

MI

Project Zip

48838-8753

CD

MI-02

Jobs Reported

285

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

119621.38

Payroll Proceed

3449455.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

580795.62

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4197851.34

Forgiveness Date

06/14/2021

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