PPP Loan information for West michigan automotive steel & engineering, inc.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WEST MICHIGAN AUTOMOTIVE STEEL & ENGINEERING, INC.

Borrower Address

550 E ELLIS AVE PO BOX 218

Borrower City

BELDING

Borrower State

MI

Borrower Zip

48809-1522

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47932.00

Current Approval Amount

47932.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELDING

Project County Name

IONIA

Project State

MI

Project Zip

48809-1522

CD

MI-02

Jobs Reported

6

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1411.00

Payroll Proceed

36085.00

Mortgage Interest Proceed

0.00

Rent Proceed

3750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6686.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48367.98

Forgiveness Date

03/22/2021