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
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

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