High Grade Materials Company

$4,149,872 PPP Loan in Greenville, Michigan

Loan Details

Loan Number
5978747002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$4,149,872
Current Approval
$4,149,872
Forgiveness Amount
$4,197,851
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
High Grade Materials Company
Address
9266 Snows Lake Rd
ZIP Code
48838-8753
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (327320)
Business Age
Existing or more than 2 years old
Jobs Reported
285
Estimated Revenue
$282.7M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$3,449,455
Utilities
$119,621
Health Care
$580,796

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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