Balsam Shops

$180,116 PPP Loan in Mackinac Island, Michigan

Loan Details

Loan Number
1571528307
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$180,116
Current Approval
$180,116
Forgiveness Amount
$181,697
Forgiveness Date
Dec 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Balsam Shops
Address
7427 Main Street
ZIP Code
49757
Business Type
Corporation
Industry (NAICS)
Retail Trade (453220)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$180,114
Utilities
$1

Lender Information

Servicing Lender
Central Savings Bank
Originating Lender
Central Savings Bank

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