PPP Loan information for Superior quality, inc.

$503,500

Superior quality, inc. was initially approved for PPP Loan of amount $503,500, the current approved amount is $503,500. The loan was approved on 04/08/2020 by The Macatawa Bank reported 65 jobs and $503,500 was used to fund payroll.

Superior quality, inc. is Existing or more than 2 years old

SUPERIOR QUALITY, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUPERIOR QUALITY, INC.

Borrower Address

2138 FERNWOOD DR

Borrower City

JENISON

Borrower State

MI

Borrower Zip

49428-9119

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

503500.00

Current Approval Amount

503500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JENISON

Project County Name

OTTAWA

Project State

MI

Project Zip

49428-9119

CD

MI-02

Jobs Reported

65

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

503500.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

508810.89

Forgiveness Date

05/10/2021

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