Best Metal Products Company
$1,385,802 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 7038577009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,385,802
- Current Approval
- $1,385,802
- Forgiveness Amount
- $1,395,370
- Forgiveness Date
- Dec 22, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Best Metal Products Company
- Address
- 3570 Raleigh Dr
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49512-2064
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 115
- Estimated Revenue
- $28.1M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,100,000
- Rent
- $80,000
- Utilities
- $59,000
- Health Care
- $131,802
- Debt Interest
- $15,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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