PPP Loan information for Troost service company inc

$216,235

Troost service company inc was initially approved for PPP Loan of amount $216,235, the current approved amount is $216,235. The loan was approved on 04/10/2020 by The Mercantile Bank reported 15 jobs and $216,235 was used to fund payroll.

Troost service company inc is Existing or more than 2 years old

TROOST SERVICE COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TROOST SERVICE COMPANY INC

Borrower Address

838 WEST RIVER CENTER DR SUITE A

Borrower City

COMSTOCK PARK

Borrower State

MI

Borrower Zip

49321-9024

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216235.00

Current Approval Amount

216235.00

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

COMSTOCK PARK

Project County Name

KENT

Project State

MI

Project Zip

49321-9024

CD

MI-03

Jobs Reported

15

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

181735.00

Mortgage Interest Proceed

0.00

Rent Proceed

15220.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18680.00

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

207393.31

Forgiveness Date

11/09/2020

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