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Michigan Truck Spring of Saginaw, INC

$550,000 PPP Loan in Saginaw, Michigan

Loan Details

Loan Number
1218917701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$555,345
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Truck Spring of Saginaw, INC
Address
3649 Wolf Rd
City
Saginaw
State
Michigan
ZIP Code
48601
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423120)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$480,000
Rent
$40,000
Utilities
$10,000
Health Care
$20,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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