Grand Rapids Chair Company

$1,575,000 PPP Loan in Byron Center, Michigan

Loan Details

Loan Number
6082178300
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$1,575,000
Current Approval
$1,575,000
Forgiveness Amount
$1,583,501
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Grand Rapids Chair Company
Address
1250 84th St SW
ZIP Code
49315-8048
Business Type
Corporation
Industry (NAICS)
Manufacturing (337122)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$30.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,574,996
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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