PPP Loan information for Industrial assemblies inc.

$141,192

Industrial assemblies inc. was initially approved for PPP Loan of amount $141,192, the current approved amount is $141,192. The loan was approved on 02/19/2021 by The The Shelby State Bank reported 13 jobs and $141,192 was used to fund payroll.

Industrial assemblies inc. is Existing or more than 2 years old

INDUSTRIAL ASSEMBLIES INC.

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INDUSTRIAL ASSEMBLIES INC.

Borrower Address

3130 Farr Rd

Borrower City

Fruitport

Borrower State

MI

Borrower Zip

49415-8774

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141192.00

Current Approval Amount

141192.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35312

Servicing Lender Name

The Shelby State Bank

Servicing Lender Address

242 N Michigan Ave

Servicing Lender City

SHELBY

Servicing Lender State

MI

Servicing Lender Zip

49455-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fruitport

Project County Name

MUSKEGON

Project State

MI

Project Zip

49415-8774

CD

MI-02

Jobs Reported

13

NAICS Code

321211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

141190.00

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

Subchapter S Corporation

Originating Lender Location Id

35312

Originating Lender

The Shelby State Bank

Originating Lender City

SHELBY

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141896.03

Forgiveness Date

08/24/2021

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