De Groot, Inc.

$330,000 PPP Loan in Coloma, Michigan

Loan Details

Loan Number
1785627203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$330,000
Current Approval
$330,000
Forgiveness Amount
$331,908
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
De Groot, Inc.
Address
5530 N. Coloma Rd. Po Box 934
City
Coloma
ZIP Code
49038
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111421)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$247,500
Rent
$41,250
Utilities
$41,250

Lender Information

Servicing Lender
Honor Cu
Originating Lender
Greater Nevada Cu

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