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 01/30/2021 by The Mercantile Bank reported 37 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

01/30/2021

SBA Office Code

0515

Processing Method

PPS

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

02/15/2022

Loan Status

Paid in Full

Term

60

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

37

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

492158.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

496705.06

Forgiveness Date

01/06/2022

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