Applied Textiles Inc.

$934,848 PPP Loan in Byron Center, Michigan

Loan Details

Loan Number
3745678306
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$934,848
Current Approval
$934,848
Forgiveness Amount
$943,658
Forgiveness Date
Jan 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Applied Textiles Inc.
Address
555 76th St SW
ZIP Code
49315-8377
Business Type
Corporation
Industry (NAICS)
Manufacturing (313310)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$25.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$934,846
Utilities
$1

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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