Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
INDUSTRIAL ENGINEERING SERVICE, INC.
Borrower Address
215 HIGH ST
Borrower City
BELDING
Borrower State
MI
Borrower Zip
48809-1500
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
124827.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
IONIA
Project State
Project Zip
CD
MI-02
Jobs Reported
12
NAICS Code
333514
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
7927.00
Payroll Proceed
100000.00
Mortgage Interest Proceed
Rent Proceed
9300.00
Refinance EIDL Proceed
Health Care Proceed
6400.00
Debt Interest Proceed
1200
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
125774.32
Forgiveness Date
01/19/2021