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 04/07/2020 by The Mercantile Bank reported 12 jobs and $124,827 was used to fund payroll.

Industrial engineering service, inc. is New Business or 2 years or less

INDUSTRIAL ENGINEERING SERVICE, INC.

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

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BELDING

Project County Name

IONIA

Project State

MI

Project Zip

48809-1500

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

0.00

Rent Proceed

9300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6400.00

Debt Interest Proceed

1200

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

125774.32

Forgiveness Date

01/19/2021

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