PPP Loan information for Techno-coat, inc.

$1,632,155

Techno-coat, inc. was initially approved for PPP Loan of amount $1,632,155, the current approved amount is $1,632,155. The loan was approved on 04/07/2020 by The Mercantile Bank reported 144 jobs and $1,632,155 was used to fund payroll.

Techno-coat, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Techno-coat, inc.

TECHNO-COAT, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TECHNO-COAT, INC.

Borrower Address

861 E 40TH ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-5397

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1632155.00

Current Approval Amount

1632155.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

ALLEGAN

Project State

MI

Project Zip

49423-5397

CD

MI-02

Jobs Reported

144

NAICS Code

337214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

173200.00

Payroll Proceed

1206000.00

Mortgage Interest Proceed

0.00

Rent Proceed

153455.00

Refinance EIDL Proceed

0.00

Health Care Proceed

99500.00

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

Non-Veteran

Non Profit

Forgiveness Amount

1643468.29

Forgiveness Date

12/23/2020

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