PPP Loan information for Mechanical testing svcs inc

$149,403

Mechanical testing svcs inc was initially approved for PPP Loan of amount $149,403, the current approved amount is $149,403. The loan was approved on 03/12/2021 by The Grand River Bank reported 8 jobs and $149,403 was used to fund payroll.

Mechanical testing svcs inc is Existing or more than 2 years old

MECHANICAL TESTING SVCS INC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MECHANICAL TESTING SVCS INC

Borrower Address

4275 Spartan Industrial Dr SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-2503

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149403.00

Current Approval Amount

149403.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

464533

Servicing Lender Name

Grand River Bank

Servicing Lender Address

4471 Wilson Ave SW

Servicing Lender City

GRANDVILLE

Servicing Lender State

MI

Servicing Lender Zip

49418-2366

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-2503

CD

MI-02

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

149403.00

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

Subchapter S Corporation

Originating Lender Location Id

464533

Originating Lender

Grand River Bank

Originating Lender City

GRANDVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150053.82

Forgiveness Date

08/25/2021

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