PPP Loan information for International mold corporation

$1,298,717

International mold corporation was initially approved for PPP Loan of amount $1,298,717, the current approved amount is $1,298,717. The loan was approved on 04/08/2020 by The Mercantile Bank reported 66 jobs and $1,298,717 was used to fund payroll.

International mold corporation is Existing or more than 2 years old

INTERNATIONAL MOLD CORPORATION

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTERNATIONAL MOLD CORPORATION

Borrower Address

23224 GIACOMA CT

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48036-4608

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1298717.00

Current Approval Amount

1298717.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48036-4608

CD

MI-10

Jobs Reported

66

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60454.00

Payroll Proceed

890645.00

Mortgage Interest Proceed

0.00

Rent Proceed

136296.00

Refinance EIDL Proceed

0.00

Health Care Proceed

156000.00

Debt Interest Proceed

55322

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1307327.67

Forgiveness Date

12/15/2020

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