PPP Loan information for Industrial engineering service inc.

$124,827

Industrial engineering service inc. was initially approved for PPP Loan of amount $124,827, the current approved amount is $124,827. The loan was approved on 02/27/2021 by The Mercantile Bank reported 12 jobs and $124,827 was used to fund payroll.

Industrial engineering service inc. is Existing or more than 2 years old

PPP Loan Search / MI / Belding / Industrial engineering service inc.

INDUSTRIAL ENGINEERING SERVICE INC.

Date Approved

02/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INDUSTRIAL ENGINEERING SERVICE INC.

Borrower Address

215 E High St

Borrower City

Belding

Borrower State

MI

Borrower Zip

48809-1500

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124827.00

Current Approval Amount

124827.00

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

Belding

Project County Name

IONIA

Project State

MI

Project Zip

48809-1500

CD

MI-02

Jobs Reported

12

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124825.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125480.20

Forgiveness Date

09/09/2021

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