PPP Loan information for Horne building specialties, inc.

$987,805

Horne building specialties, inc. was initially approved for PPP Loan of amount $987,805, the current approved amount is $987,805. The loan was approved on 04/06/2020 by The Mercantile Bank reported 63 jobs and $987,805 was used to fund payroll.

Horne building specialties, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Horne building specialties, inc.

HORNE BUILDING SPECIALTIES, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HORNE BUILDING SPECIALTIES, INC.

Borrower Address

2120 OAK INDUSTRIAL DR NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49505-6014

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

987805.00

Current Approval Amount

987805.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49505-6014

CD

MI-03

Jobs Reported

63

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

814805.00

Mortgage Interest Proceed

0.00

Rent Proceed

83000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

60000.00

Debt Interest Proceed

15000

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

995003.80

Forgiveness Date

01/07/2021

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