Vince & Joe's Fruit Market - Shelby,

$1,663,980 PPP Loan in Shelby Township, Michigan

Loan Details

Loan Number
1496507707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,663,980
Current Approval
$1,663,980
Forgiveness Amount
$1,679,426
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vince & Joe's Fruit Market - Shelby,
Address
55178 Van Dyke Ave
ZIP Code
48316
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311421)
Business Age
Existing or more than 2 years old
Jobs Reported
228
Estimated Revenue
$80.5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$1,331,184
Rent
$244,996
Utilities
$42,000
Health Care
$40,000
Mortgage Interest
$5,800

Lender Information

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

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