PPP Loan information for Thermocon inc

$583,280

Thermocon inc was initially approved for PPP Loan of amount $583,280, the current approved amount is $583,280. The loan was approved on 04/08/2020 by The Mercantile Bank reported 32 jobs and $583,280 was used to fund payroll.

Thermocon inc is Existing or more than 2 years old

PPP Loan Search / MI / CALEDONIA / Thermocon inc

THERMOCON INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THERMOCON INC

Borrower Address

6871 DUTTON INDUSTRIAL PARK DR

Borrower City

CALEDONIA

Borrower State

MI

Borrower Zip

49316-8386

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583280.00

Current Approval Amount

583280.00

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

CALEDONIA

Project County Name

KENT

Project State

MI

Project Zip

49316-8386

CD

MI-03

Jobs Reported

32

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

519914.00

Mortgage Interest Proceed

0.00

Rent Proceed

29966.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29400.00

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

587562.71

Forgiveness Date

01/08/2021

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