Frost & Kretsch Plumbing INC

$305,790 PPP Loan in Chesterfield, Michigan

Loan Details

Loan Number
1777357706
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$305,790
Current Approval
$305,790
Forgiveness Amount
$308,029
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frost & Kretsch Plumbing INC
Address
47212 Jefferson Ave
ZIP Code
48047
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$244,632
Rent
$9,158
Utilities
$5,500
Health Care
$45,000
Debt Interest
$1,500

Lender Information

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

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