Grand Rapids Poured Walls Inc. and Cherry Valley Foundation

$893,800 PPP Loan in Byron Center, Michigan

Loan Details

Loan Number
8473167003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$893,800
Current Approval
$893,800
Forgiveness Amount
$905,295
Forgiveness Date
Jul 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grand Rapids Poured Walls Inc. and Cherry Valley Foundation
Address
8559 Piedmont Industrial Pk Dr
ZIP Code
49315-9356
Business Type
Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$768,800
Rent
$50,000
Utilities
$10,000
Health Care
$40,000
Debt Interest
$25,000

Lender Information

Servicing Lender
United Bank of Michigan
Originating Lender
United Bank of Michigan

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