PPP Loan information for Thermal tec / michigan inc.

$518,580

Thermal tec / michigan inc. was initially approved for PPP Loan of amount $518,580, the current approved amount is $518,580. The loan was approved on 01/22/2021 by The Mercantile Bank reported 40 jobs and $518,580 was used to fund payroll.

Thermal tec / michigan inc. is Existing or more than 2 years old

PPP Loan Search / MI / Cedar Springs / Thermal tec / michigan inc.

THERMAL TEC / MICHIGAN INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THERMAL TEC / MICHIGAN INC.

Borrower Address

13801 Francis Way

Borrower City

Cedar Springs

Borrower State

MI

Borrower Zip

49319-9119

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

518580.00

Current Approval Amount

518580.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Springs

Project County Name

KENT

Project State

MI

Project Zip

49319-9119

CD

MI-02

Jobs Reported

40

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

518575.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

523410.61

Forgiveness Date

01/03/2022

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