Froehlich's INC

$122,500 PPP Loan in Three Oaks, Michigan

Loan Details

Loan Number
1807697204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$122,500
Current Approval
$122,500
Forgiveness Amount
$123,936
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Froehlich's INC
Address
16357 Flynn Rd
ZIP Code
49128
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$98,000
Utilities
$12,250
Mortgage Interest
$12,250

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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