Vibration Research Corporation

$820,417 PPP Loan in Jenison, Michigan

Loan Details

Loan Number
2297008305
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$820,417
Current Approval
$820,417
Forgiveness Amount
$824,935
Forgiveness Date
Aug 11, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Vibration Research Corporation
Address
1294 Chicago Dr
ZIP Code
49428-9308
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334118)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$820,412
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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