PPP Loan information for Powell fabrication & manufacturing llc

$637,000

Powell fabrication & manufacturing llc was initially approved for PPP Loan of amount $637,000, the current approved amount is $637,000. The loan was approved on 01/30/2021 by The Mercantile Bank reported 40 jobs and $637,000 was used to fund payroll.

Powell fabrication & manufacturing llc is Existing or more than 2 years old

PPP Loan Search / MI / Saint Louis / Powell fabrication & manufacturing llc

POWELL FABRICATION & MANUFACTURING LLC

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

POWELL FABRICATION & MANUFACTURING LLC

Borrower Address

740 E Monroe Rd

Borrower City

Saint Louis

Borrower State

MI

Borrower Zip

48880-9214

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

637000.00

Current Approval Amount

637000.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Louis

Project County Name

GRATIOT

Project State

MI

Project Zip

48880-9214

CD

MI-04

Jobs Reported

40

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

636999.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

639600.36

Forgiveness Date

07/02/2021

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