PPP Loan information for Michigan polymer reclaim, inc.

$130,168

Michigan polymer reclaim, inc. was initially approved for PPP Loan of amount $130,168, the current approved amount is $130,168. The loan was approved on 04/06/2020 by The Mercantile Bank reported 10 jobs and $130,168 was used to fund payroll.

Michigan polymer reclaim, inc. is Existing or more than 2 years old

MICHIGAN POLYMER RECLAIM, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN POLYMER RECLAIM, INC.

Borrower Address

107 E WALKER RD

Borrower City

SAINT JOHNS

Borrower State

MI

Borrower Zip

48879-1537

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130167.50

Current Approval Amount

130167.50

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

Existing or more than 2 years old

Project City

SAINT JOHNS

Project County Name

CLINTON

Project State

MI

Project Zip

48879-1537

CD

MI-04

Jobs Reported

10

NAICS Code

325991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16788.00

Payroll Proceed

79965.00

Mortgage Interest Proceed

0.00

Rent Proceed

17051.48

Refinance EIDL Proceed

0.00

Health Care Proceed

11059.02

Debt Interest Proceed

5304

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

131729.51

Forgiveness Date

06/28/2021

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