PPP Loan information for Traverse city products, inc.

$609,702

Traverse city products, inc. was initially approved for PPP Loan of amount $609,702, the current approved amount is $609,702. The loan was approved on 04/09/2020 by The Mercantile Bank reported 46 jobs and $609,702 was used to fund payroll.

Traverse city products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Traverse city products, inc.

TRAVERSE CITY PRODUCTS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TRAVERSE CITY PRODUCTS, INC.

Borrower Address

501 HUGHES DR

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49696-8255

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

609702.00

Current Approval Amount

609702.00

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

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49696-8255

CD

MI-01

Jobs Reported

46

NAICS Code

336370

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11301.00

Payroll Proceed

475890.00

Mortgage Interest Proceed

0.00

Rent Proceed

66000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56511.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

613443.73

Forgiveness Date

11/27/2020

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