Proos Manufacturing LLC Fna Proos Manufacturing, Inc.

$1,280,700 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7812527005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,280,700
Current Approval
$1,345,000
Forgiveness Amount
$1,359,924
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Proos Manufacturing LLC Fna Proos Manufacturing, Inc.
Address
2555 Oak Industrial Drive NE
ZIP Code
49505-6021
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$22.0M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,345,000

Lender Information

Servicing Lender
First Merchants Bank
Originating Lender
First Merchants Bank

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