The Armada Group, Inc.
$1,761,142 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 1099997100
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,761,142
- Current Approval
- $1,761,142
- Forgiveness Amount
- $1,785,209
- Forgiveness Date
- Aug 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Armada Group, Inc.
- Address
- 1222 Burton St., S.e. 0.0
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49507-3302
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 129
- Estimated Revenue
- $31.5M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,473,142
- Rent
- $108,000
- Utilities
- $60,000
- Health Care
- $100,000
- Debt Interest
- $20,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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