PPP Loan information for Thermocon inc.

$563,650

Thermocon inc. was initially approved for PPP Loan of amount $563,650, the current approved amount is $563,650. The loan was approved on 01/21/2021 by The Mercantile Bank reported 32 jobs and $563,650 was used to fund payroll.

Thermocon inc. is Existing or more than 2 years old

THERMOCON INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THERMOCON INC.

Borrower Address

6871 Dutton Industrial Park Dr SE

Borrower City

Dutton

Borrower State

MI

Borrower Zip

49316-8386

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

563650.00

Current Approval Amount

563650.00

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

Dutton

Project County Name

KENT

Project State

MI

Project Zip

49316-8386

CD

MI-03

Jobs Reported

32

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

563648.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

566522.30

Forgiveness Date

08/02/2021

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