PPP Loan information for Production threaded parts co.

$174,585

Production threaded parts co. was initially approved for PPP Loan of amount $174,585, the current approved amount is $174,585. The loan was approved on 04/13/2020 by The ChoiceOne Bank reported 17 jobs and $174,585 was used to fund payroll.

Production threaded parts co. is Existing or more than 2 years old

PRODUCTION THREADED PARTS CO.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PRODUCTION THREADED PARTS CO.

Borrower Address

6829 Lincoln St., PO BOX 320

Borrower City

NORTH BRANCH

Borrower State

MI

Borrower Zip

48461-0320

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174585.00

Current Approval Amount

174585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

LAPEER

Project State

MI

Project Zip

48461-0320

CD

MI-09

Jobs Reported

17

NAICS Code

332722

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

34917.00

Payroll Proceed

139668.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

175943.41

Forgiveness Date

01/28/2021

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