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Firstronic, LLC

Grand Rapids, MI 49503

The loans, in SBA’s record

$1.8 million
Approved
$1,767,860
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$1.8 million
Forgiven
$1,781,315
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $1,767,860
By the amount SBA approved, ranks 46,942nd of 10,688,106 borrowers nationally, 1,610th of 272,197 in Michigan and 185th of 17,653 in the project’s county, Kent, MI. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Firstronic, LLC, as SBA recorded them
Approved onAmountStatus
April 27, 2020$1.8 millionPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved