PPP Loan information for Shouldice industrial manufacturers and contractors inc.

$3,409,542

Shouldice industrial manufacturers and contractors inc. was initially approved for PPP Loan of amount $3,409,542, the current approved amount is $3,409,542. The loan was approved on 04/12/2020 by The Horizon Bank reported 95 jobs and $3,409,542 was used to fund payroll.

Shouldice industrial manufacturers and contractors inc. is Existing or more than 2 years old

SHOULDICE INDUSTRIAL MANUFACTURERS AND CONTRACTORS INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHOULDICE INDUSTRIAL MANUFACTURERS AND CONTRACTORS INC.

Borrower Address

182 ELM STREET

Borrower City

BATTLE CREEK

Borrower State

MI

Borrower Zip

49014-4000

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3409542.00

Current Approval Amount

3409542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATTLE CREEK

Project County Name

CALHOUN

Project State

MI

Project Zip

49014-4000

CD

MI-03

Jobs Reported

95

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2727634.00

Mortgage Interest Proceed

681908.00

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

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3447560.73

Forgiveness Date

06/11/2021

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