Backyard Products, LLC

$4,894,755 PPP Loan in Monroe, Michigan

Loan Details

Loan Number
1614567106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$4,894,755
Current Approval
$4,894,755
Forgiveness Amount
$4,960,978
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Backyard Products, LLC
Address
1000 Ternes Drive 0.0
City
Monroe
ZIP Code
48162-5224
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (321992)
Business Age
Existing or more than 2 years old
Jobs Reported
452
Estimated Revenue
$448.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$3,550,000
Rent
$744,755
Utilities
$90,000
Health Care
$360,000
Debt Interest
$150,000

Lender Information

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

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