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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CALHOUN
Project State
Project Zip
CD
MI-03
Jobs Reported
95
NAICS Code
332322
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
2727634.00
Mortgage Interest Proceed
681908.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
3447560.73
Forgiveness Date
06/11/2021