American Seating Company

$2,000,000 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
5749348406
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,015,178
Forgiveness Date
Nov 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
American Seating Company
Address
801 Broadway Ave NW
ZIP Code
49504-4462
Business Type
Corporation
Industry (NAICS)
Manufacturing (336360)
Business Age
Existing or more than 2 years old
Jobs Reported
218
Estimated Revenue
$57.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Cibc Bank USA
Originating Lender
Cibc Bank USA

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