Vibration Research Corporation
$820,417 PPP Loan in Jenison, Michigan
Loan Details
- Loan Number
- 8445857001
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $820,417
- Current Approval
- $820,417
- Forgiveness Amount
- $825,632
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Vibration Research Corporation
- Address
- 1294 Chicago Dr
- City
- Jenison
- State
- Michigan
- ZIP Code
- 49428-9308
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334118)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 47
- Estimated Revenue
- $12.3M
- Rural/Urban
- Urban
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $719,039
- Rent
- $24,000
- Utilities
- $5,800
- Health Care
- $71,578
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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