Flanders Industries, Inc.

$350,000 PPP Loan in Menominee, Michigan

Loan Details

Loan Number
1902347104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$350,000
Current Approval
$350,000
Forgiveness Amount
$353,816
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Flanders Industries, Inc.
Address
3010 Tenth Street
ZIP Code
49858-1704
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (337124)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$262,500
Rent
$29,168
Utilities
$29,166
Mortgage Interest
$29,166

Lender Information

Servicing Lender
The First National Bank of Fort Smith
Originating Lender
The First National Bank of Fort Smith

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