PPP Loan information for Siler precision machine, inc.

$75,130

Siler precision machine, inc. was initially approved for PPP Loan of amount $75,130, the current approved amount is $75,130. The loan was approved on 04/08/2020 by The Mercantile Bank reported 6 jobs and $75,130 was used to fund payroll.

Siler precision machine, inc. is Existing or more than 2 years old

SILER PRECISION MACHINE, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SILER PRECISION MACHINE, INC.

Borrower Address

136 E SAGINAW ST

Borrower City

MERRILL

Borrower State

MI

Borrower Zip

48637-2528

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75130.00

Current Approval Amount

75130.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILL

Project County Name

SAGINAW

Project State

MI

Project Zip

48637-2528

CD

MI-04

Jobs Reported

6

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5020.00

Payroll Proceed

60879.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9231.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

75562.25

Forgiveness Date

11/12/2020

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