PPP Loan information for Silversmith inc.

$303,969

Silversmith inc. was initially approved for PPP Loan of amount $303,969, the current approved amount is $303,969. The loan was approved on 01/21/2021 by The Mercantile Bank reported 21 jobs and $303,969 was used to fund payroll.

Silversmith inc. is Existing or more than 2 years old

SILVERSMITH INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SILVERSMITH INC.

Borrower Address

1370 Millbocker Rd

Borrower City

Gaylord

Borrower State

MI

Borrower Zip

49735-7425

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303969.00

Current Approval Amount

303969.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gaylord

Project County Name

OTSEGO

Project State

MI

Project Zip

49735-7425

CD

MI-01

Jobs Reported

21

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

303967.00

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

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

305159.89

Forgiveness Date

06/15/2021

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