PPP Loan information for Technical packaging systems, inc.

$302,945

Technical packaging systems, inc. was initially approved for PPP Loan of amount $302,945, the current approved amount is $302,945. The loan was approved on 04/08/2020 by The Mercantile Bank reported 15 jobs and $302,945 was used to fund payroll.

Technical packaging systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Technical packaging systems, inc.

TECHNICAL PACKAGING SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TECHNICAL PACKAGING SYSTEMS, INC.

Borrower Address

6389 VALLEY INDUSTRIAL DR

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49009-8155

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302945.00

Current Approval Amount

302945.00

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

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-8155

CD

MI-04

Jobs Reported

15

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4778.00

Payroll Proceed

147769.76

Mortgage Interest Proceed

0.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

129397.24

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

304629.87

Forgiveness Date

11/03/2020

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