Fontanesi and Kann Company

$954,847 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
1659657102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$954,847
Current Approval
$954,847
Forgiveness Amount
$965,530
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fontanesi and Kann Company
Address
10777 Northend Ave 0.0
ZIP Code
48220-2130
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$13.5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$825,000
Rent
$7,057
Utilities
$17,000
Health Care
$85,000
Debt Interest
$20,790

Lender Information

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

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