PPP Loan information for Quality pallet, inc.

$216,013

Quality pallet, inc. was initially approved for PPP Loan of amount $216,013, the current approved amount is $216,013. The loan was approved on 04/07/2020 by The Mercantile Bank reported 35 jobs and $216,013 was used to fund payroll.

Quality pallet, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MUSKEGON / Quality pallet, inc.

QUALITY PALLET, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY PALLET, INC.

Borrower Address

7220 HALL RD

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49442-9408

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216013.00

Current Approval Amount

216013.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49442-9408

CD

MI-02

Jobs Reported

35

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8640.52

Payroll Proceed

168490.14

Mortgage Interest Proceed

2160.13

Rent Proceed

21601.30

Refinance EIDL Proceed

0.00

Health Care Proceed

12960.78

Debt Interest Proceed

2160.13

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

217386.01

Forgiveness Date

12/02/2020

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