PPP Loan information for Timco-10, inc

$107,602

Timco-10, inc was initially approved for PPP Loan of amount $107,602, the current approved amount is $107,602. The loan was approved on 04/28/2020 by The Mercantile Bank reported 30 jobs and $107,602 was used to fund payroll.

Timco-10, inc is Existing or more than 2 years old

PPP Loan Search / MI / ITHACA / Timco-10, inc

TIMCO-10, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TIMCO-10, INC

Borrower Address

159 E CENTER ST

Borrower City

ITHACA

Borrower State

MI

Borrower Zip

48847-1411

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107602.00

Current Approval Amount

107602.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ITHACA

Project County Name

GRATIOT

Project State

MI

Project Zip

48847-1411

CD

MI-04

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4972.00

Payroll Proceed

102630.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108910.91

Forgiveness Date

07/20/2021

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