PPP Loan information for Purforms, inc.

$400,163

Purforms, inc. was initially approved for PPP Loan of amount $400,163, the current approved amount is $400,163. The loan was approved on 04/07/2020 by The Mercantile Bank reported 47 jobs and $400,163 was used to fund payroll.

Purforms, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LOWELL / Purforms, inc.

PURFORMS, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PURFORMS, INC.

Borrower Address

615 Chatham St

Borrower City

LOWELL

Borrower State

MI

Borrower Zip

49331-1319

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400162.50

Current Approval Amount

400162.50

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

KENT

Project State

MI

Project Zip

49331-1319

CD

MI-03

Jobs Reported

47

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15785.00

Payroll Proceed

343432.50

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26512.00

Debt Interest Proceed

2433

Business Type

Corporation

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

392514.16

Forgiveness Date

11/20/2020

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