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Techno-Coat, Inc.

$1,632,155 PPP Loan in Holland, Michigan

Loan Details

Loan Number
6538487008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,632,155
Current Approval
$1,632,155
Forgiveness Amount
$1,643,468
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Techno-Coat, Inc.
Address
861 E 40th St
City
Holland
State
Michigan
ZIP Code
49423-5397
Business Type
Corporation
Industry (NAICS)
Manufacturing (337214)
Business Age
Existing or more than 2 years old
Jobs Reported
144
Estimated Revenue
$37.7M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$1,206,000
Rent
$153,455
Utilities
$173,200
Health Care
$99,500

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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