Westmaas Electric Company
$613,468 PPP Loan in Grandville, Michigan
Loan Details
- Loan Number
- 3822258303
- Date Approved
- Jan 22, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $613,468
- Current Approval
- $613,468
- Forgiveness Amount
- $618,325
- Forgiveness Date
- Nov 9, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Westmaas Electric Company
- Address
- 3025 Sangra Ave SW
- City
- Grandville
- State
- Michigan
- ZIP Code
- 49418-1153
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $14.1M
- Rural/Urban
- Urban
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $613,466
- Utilities
- $1
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Grandville, MI
| Business | Approved | |
|---|---|---|
| Corvac Composites LLC | $5,871,000 | |
| Kerkstra Precast, Inc. | $3,308,428 | |
| Goodwill Industries of Greater Grand Rapids, Inc. | $2,740,045 | |
| Grandville Printing Co | $2,580,800 | |
| Hadley Products Corporation | $2,307,600 |
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