PPP Loan information for Sturgis molded products company

$2,000,000

Sturgis molded products company was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The KeyBank National Association reported 193 jobs and $2,000,000 was used to fund payroll.

Sturgis molded products company is Existing or more than 2 years old

STURGIS MOLDED PRODUCTS COMPANY

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STURGIS MOLDED PRODUCTS COMPANY

Borrower Address

70343 Clark Rd

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-8742

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-8742

CD

MI-06

Jobs Reported

193

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016109.59

Forgiveness Date

12/02/2021

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