Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
ORNAMENTAL IRON OF KALAMAZOO INC
Borrower Address
7882 DOUGLAS AVE
Borrower City
KALAMAZOO
Borrower State
MI
Borrower Zip
49009-6327
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
234317.00
Current Approval Amount
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
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-04
Jobs Reported
20
NAICS Code
332323
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
5666.00
Payroll Proceed
170079.00
Mortgage Interest Proceed
Rent Proceed
25000.00
Refinance EIDL Proceed
Health Care Proceed
33572.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
235620.19
Forgiveness Date
11/03/2020