PPP Loan information for H&r screw machine products, inc.

$492,161

H&r screw machine products, inc. was initially approved for PPP Loan of amount $492,161, the current approved amount is $492,161. The loan was approved on 04/07/2020 by The Mercantile Bank reported 46 jobs and $492,161 was used to fund payroll.

H&r screw machine products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / REED CITY / H&r screw machine products, inc.

H&R SCREW MACHINE PRODUCTS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

H&R SCREW MACHINE PRODUCTS, INC.

Borrower Address

5566 220TH AVE

Borrower City

REED CITY

Borrower State

MI

Borrower Zip

49677-8218

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492161.00

Current Approval Amount

492161.00

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

REED CITY

Project County Name

OSCEOLA

Project State

MI

Project Zip

49677-8218

CD

MI-02

Jobs Reported

46

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24413.00

Payroll Proceed

421082.00

Mortgage Interest Proceed

0.00

Rent Proceed

46666.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

496341.00

Forgiveness Date

02/18/2021

;