PPP borrower record

ULTIMATE GAGING SYSTEMS PPP loan record

Public SBA PPP loan record for ULTIMATE GAGING SYSTEMS. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$399,185
Approved amount
N/A
Forgiven amount
2020-04-08
Date approved

Borrower and loan details

Borrower
ULTIMATE GAGING SYSTEMS
Loan number
8426477010
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Grand Rapids
Borrower state
Michigan
Borrower ZIP
49505
Jobs reported
26
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Mercantile Bank of Michigan
Originating lender
Mercantile Bank of Michigan

Reported use of proceeds

Payroll
$282,319
Rent
$64,870
Utilities
$3,102
Mortgage interest
N/A
Health care
$37,030
Debt interest
$11,864

Location pages

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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.