Allied Finishing, Inc.

$1,690,762 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
6598797009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,690,762
Current Approval
$1,690,762
Forgiveness Amount
$1,702,806
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Allied Finishing, Inc.
Address
4100 Broadmoor Ave
ZIP Code
49512-3933
Business Type
Corporation
Industry (NAICS)
Manufacturing (332813)
Business Age
New Business or 2 years or less
Jobs Reported
229
Estimated Revenue
$56.0M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,352,610
Rent
$92,680
Utilities
$111,162
Health Care
$100,312
Mortgage Interest
$16,282
Debt Interest
$17,716

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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