Valley City Linen Co.
$1,697,400 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 4314538302
- Date Approved
- Jan 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,697,400
- Current Approval
- $1,697,400
- Forgiveness Amount
- $1,710,096
- Forgiveness Date
- Nov 3, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Valley City Linen Co.
- Address
- 10 Diamond Ave SE
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49506-1456
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (812331)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 142
- Estimated Revenue
- $27.1M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,697,396
- Utilities
- $1
Lender Information
- Servicing Lender
- Macatawa Bank
- Originating Lender
- Macatawa Bank
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