PPP Loan information for Intricate grinding & machine specialties, inc

$268,037

Intricate grinding & machine specialties, inc was initially approved for PPP Loan of amount $268,037, the current approved amount is $268,037. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 24 jobs and $268,037 was used to fund payroll.

Intricate grinding & machine specialties, inc is New Business or 2 years or less

PPP Loan Search / MI / NORTON SHORES / Intricate grinding & machine specialties, inc

INTRICATE GRINDING & MACHINE SPECIALTIES, INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTRICATE GRINDING & MACHINE SPECIALTIES, INC

Borrower Address

1081 GATEWAY BLVD

Borrower City

NORTON SHORES

Borrower State

MI

Borrower Zip

49441-6074

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268037.00

Current Approval Amount

268037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NORTON SHORES

Project County Name

MUSKEGON

Project State

MI

Project Zip

49441-6074

CD

MI-02

Jobs Reported

24

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

268037.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

270137.24

Forgiveness Date

02/04/2021

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