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Us Engineering Corp

Grand Rapids, MI 49519

The loans, in SBA’s record

$1.9 million
Approved
$1,863,467
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$1.9 million
Forgiven
$1,877,617
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: $1,863,467
By the amount SBA approved, ranks 42,723rd of 10,688,106 borrowers nationally, 1,451st of 272,197 in Michigan and 169th 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 Us Engineering Corp, as SBA recorded them
Approved onAmountStatus
April 14, 2020$902.4 thousandPaid in Full
January 25, 2021$961.1 thousandPaid 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