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Imperial Beverage Company

$3,784,632 PPP Loan in Kalamazoo, Michigan

Loan Details

Loan Number
1307247300
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$3,784,632
Current Approval
$3,784,632
Forgiveness Amount
$3,835,543
Forgiveness Date
Sep 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Imperial Beverage Company
Address
3825 Emerald Dr
City
Kalamazoo
State
Michigan
ZIP Code
49001-7919
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
351
Estimated Revenue
$90.3M
Rural/Urban
Urban
Congressional District
MI-04

Loan Use Breakdown

Payroll
$3,246,704
Rent
$139,500
Utilities
$72,178
Health Care
$300,000
Debt Interest
$26,250

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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