PPP Loan information for M-37 concrete products, inc.

$440,490

M-37 concrete products, inc. was initially approved for PPP Loan of amount $440,490, the current approved amount is $440,490. The loan was approved on 04/05/2020 by The Mercantile Bank reported 31 jobs and $440,490 was used to fund payroll.

M-37 concrete products, inc. is Existing or more than 2 years old

M-37 CONCRETE PRODUCTS, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M-37 CONCRETE PRODUCTS, INC.

Borrower Address

540 MAPLE ST

Borrower City

SPRING LAKE

Borrower State

MI

Borrower Zip

49456-9070

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440490.00

Current Approval Amount

440490.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING LAKE

Project County Name

OTTAWA

Project State

MI

Project Zip

49456-9070

CD

MI-02

Jobs Reported

31

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

440490.00

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

443145.01

Forgiveness Date

11/20/2020

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