PPP borrower record
THE MATERIALS GROUP LLC PPP loan record
Public SBA PPP loan record for THE MATERIALS GROUP LLC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$500,000
Approved amount
$503,274
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
THE MATERIALS GROUP LLC
Loan number
7111487003
Business type
Partnership
Business age
Existing or more than 2 years old
Borrower city
Rockford
Borrower state
Michigan
Borrower ZIP
49341
Jobs reported
24
Loan status
Paid in Full
Forgiveness date
2020-12-09
Servicing lender
Mercantile Bank of Michigan
Originating lender
Mercantile Bank of Michigan
Reported use of proceeds
Payroll
$428,600
Rent
$30,200
Utilities
$11,200
Mortgage interest
N/A
Health care
N/A
Debt interest
$30,000
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.