PPP Loan information for Thermal-tec/michigan inc

$478,117

Thermal-tec/michigan inc was initially approved for PPP Loan of amount $478,117, the current approved amount is $478,117. The loan was approved on 04/07/2020 by The Mercantile Bank reported 41 jobs and $478,117 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

04/07/2020

SBA Office Code

0515

Processing Method

PPP

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

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

478117.00

Current Approval Amount

478117.00

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

41

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8028.00

Payroll Proceed

420679.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35910.00

Debt Interest Proceed

3500

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

482426.60

Forgiveness Date

03/09/2021

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