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 04/07/2020 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

PPP Loan Search / MI / GAYLORD / Silversmith inc

SILVERSMITH INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SILVERSMITH INC

Borrower Address

1370 MILLBOCKER RD

Borrower City

GAYLORD

Borrower State

MI

Borrower Zip

49735-7425

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

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

237120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4660.00

Payroll Proceed

239978.00

Mortgage Interest Proceed

0.00

Rent Proceed

16185.00

Refinance EIDL Proceed

0.00

Health Care Proceed

26589.00

Debt Interest Proceed

16557

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

306309.14

Forgiveness Date

01/20/2021

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