PPP Loan information for Portland iron and metal inc

$139,250

Portland iron and metal inc was initially approved for PPP Loan of amount $139,250, the current approved amount is $139,250. The loan was approved on 04/15/2020 by The Independent Bank reported 17 jobs and $139,250 was used to fund payroll.

Portland iron and metal inc is Existing or more than 2 years old

PPP Loan Search / MI / PORTLAND / Portland iron and metal inc

PORTLAND IRON AND METAL INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PORTLAND IRON AND METAL INC

Borrower Address

3130 KNOLL RD. PO BOX 454

Borrower City

PORTLAND

Borrower State

MI

Borrower Zip

48875-0454

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

139250.00

Current Approval Amount

139250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

IONIA

Project State

MI

Project Zip

48875-0454

CD

MI-03

Jobs Reported

17

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139250.00

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

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

140554.75

Forgiveness Date

04/01/2021

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