PPP Loan information for Midwest sign company

$282,500

Midwest sign company was initially approved for PPP Loan of amount $282,500, the current approved amount is $282,500. The loan was approved on 04/10/2020 by The Macatawa Bank reported 24 jobs and $282,500 was used to fund payroll.

Midwest sign company is Existing or more than 2 years old

MIDWEST SIGN COMPANY

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDWEST SIGN COMPANY

Borrower Address

7381 ARDITH CT SW

Borrower City

BYRON CENTER

Borrower State

MI

Borrower Zip

49315-8055

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282500.00

Current Approval Amount

282500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BYRON CENTER

Project County Name

KENT

Project State

MI

Project Zip

49315-8055

CD

MI-03

Jobs Reported

24

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

282500.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

284016.99

Forgiveness Date

11/03/2020

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