PPP Loan information for Welch tile & marble co.

$693,131

Welch tile & marble co. was initially approved for PPP Loan of amount $693,131, the current approved amount is $693,131. The loan was approved on 04/08/2020 by The ChoiceOne Bank reported 55 jobs and $693,131 was used to fund payroll.

Welch tile & marble co. is Existing or more than 2 years old

PPP Loan Search / MI / KENT CITY / Welch tile & marble co.

WELCH TILE & MARBLE CO.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WELCH TILE & MARBLE CO.

Borrower Address

13864 EAGLE RIDGE DR

Borrower City

KENT CITY

Borrower State

MI

Borrower Zip

49330-8101

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693131.00

Current Approval Amount

693131.00

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

KENT CITY

Project County Name

KENT

Project State

MI

Project Zip

49330-8101

CD

MI-02

Jobs Reported

55

NAICS Code

238340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

693131.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

698562.11

Forgiveness Date

01/26/2021

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