PPP Loan information for Proos manufacturing llc fna proos manufacturing, inc.

$1,345,000

Proos manufacturing llc fna proos manufacturing, inc. was initially approved for PPP Loan of amount $1,280,700, the current approved amount is $1,345,000. The loan was approved on 04/08/2020 by The First Merchants Bank reported 90 jobs and $1,345,000 was used to fund payroll.

Proos manufacturing llc fna proos manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Proos manufacturing llc fna proos manufacturing, inc.

PROOS MANUFACTURING LLC FNA PROOS MANUFACTURING, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROOS MANUFACTURING LLC FNA PROOS MANUFACTURING, INC.

Borrower Address

2555 Oak Industrial Drive NE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49505-6021

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1280700.00

Current Approval Amount

1345000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49505-6021

CD

MI-03

Jobs Reported

90

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1345000.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1359923.97

Forgiveness Date

05/21/2021

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