PPP Loan information for Niles industrial coatings llc

$4,057,000

Niles industrial coatings llc was initially approved for PPP Loan of amount $4,057,000, the current approved amount is $4,057,000. The loan was approved on 04/04/2020 by The The State Bank reported 125 jobs and $4,057,000 was used to fund payroll.

Niles industrial coatings llc is Existing or more than 2 years old

PPP Loan Search / MI / FENTON / Niles industrial coatings llc

NILES INDUSTRIAL COATINGS LLC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NILES INDUSTRIAL COATINGS LLC

Borrower Address

201 S. Alloy Drive

Borrower City

FENTON

Borrower State

MI

Borrower Zip

48430-3404

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4057000.00

Current Approval Amount

4057000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

GENESEE

Project State

MI

Project Zip

48430-3404

CD

MI-07

Jobs Reported

125

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4057000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4104016.74

Forgiveness Date

06/11/2021

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