PPP Loan information for Hurst, inc.

$2,732,070

Hurst, inc. was initially approved for PPP Loan of amount $2,732,070, the current approved amount is $2,732,070. The loan was approved on 04/08/2020 by The Mercantile Bank reported 140 jobs and $2,732,070 was used to fund payroll.

Hurst, inc. is Existing or more than 2 years old

HURST, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HURST, INC.

Borrower Address

5800 SAFETY DR

Borrower City

BELMONT

Borrower State

MI

Borrower Zip

49306-9788

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2732070.00

Current Approval Amount

2732070.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

KENT

Project State

MI

Project Zip

49306-9788

CD

MI-03

Jobs Reported

140

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8367.00

Payroll Proceed

2262502.00

Mortgage Interest Proceed

0.00

Rent Proceed

62276.00

Refinance EIDL Proceed

0.00

Health Care Proceed

398925.00

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

2763657.22

Forgiveness Date

06/11/2021

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