PPP Loan information for Quality formika inc

$207,197

Quality formika inc was initially approved for PPP Loan of amount $207,197, the current approved amount is $207,197. The loan was approved on 01/28/2021 by The ChoiceOne Bank reported 17 jobs and $207,197 was used to fund payroll.

Quality formika inc is Existing or more than 2 years old

PPP Loan Search / MI / Cedar Springs / Quality formika inc

QUALITY FORMIKA INC

Date Approved

01/28/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

QUALITY FORMIKA INC

Borrower Address

2396 17 Mile Rd NE

Borrower City

Cedar Springs

Borrower State

MI

Borrower Zip

49319-9430

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207197.00

Current Approval Amount

207197.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Springs

Project County Name

KENT

Project State

MI

Project Zip

49319-9430

CD

MI-02

Jobs Reported

17

NAICS Code

238350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207197.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

209473.33

Forgiveness Date

03/17/2022

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