PPP Loan information for Wolverine power systems

$1,191,700

Wolverine power systems was initially approved for PPP Loan of amount $1,191,700, the current approved amount is $1,191,700. The loan was approved on 04/12/2020 by The West Michigan Community Bank reported 81 jobs and $1,191,700 was used to fund payroll.

Wolverine power systems is Existing or more than 2 years old

PPP Loan Search / MI / ZEELAND / Wolverine power systems

WOLVERINE POWER SYSTEMS

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WOLVERINE POWER SYSTEMS

Borrower Address

3229 80TH AVE

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-9583

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1191700.00

Current Approval Amount

1191700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-9583

CD

MI-02

Jobs Reported

81

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1191700.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1202988.05

Forgiveness Date

03/25/2021

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