PPP Loan information for Web press of michigan inc.

$791,074

Web press of michigan inc. was initially approved for PPP Loan of amount $791,074, the current approved amount is $791,074. The loan was approved on 01/22/2021 by The ChoiceOne Bank reported 125 jobs and $791,074 was used to fund payroll.

Web press of michigan inc. is Existing or more than 2 years old

PPP Loan Search / MI / Davisburg / Web press of michigan inc.

WEB PRESS OF MICHIGAN INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WEB PRESS OF MICHIGAN INC.

Borrower Address

10450 Enterprise Dr

Borrower City

Davisburg

Borrower State

MI

Borrower Zip

48350-1311

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

791074.00

Current Approval Amount

791074.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davisburg

Project County Name

OAKLAND

Project State

MI

Project Zip

48350-1311

CD

MI-09

Jobs Reported

125

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

791068.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

798594.62

Forgiveness Date

01/18/2022

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