Spicer's Boat City of Houghton Lake, INC
$662,870 PPP Loan in Houghton Lake, Michigan
Loan Details
- Loan Number
- 1963217104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $662,870
- Current Approval
- $662,870
- Forgiveness Amount
- $671,026
- Forgiveness Date
- Jul 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spicer's Boat City of Houghton Lake, INC
- Address
- 4165 W. Houghton Lake Drive 0.0
- City
- Houghton Lake
- State
- Michigan
- ZIP Code
- 48627-8277
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441228)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- $14.6M
- Rural/Urban
- Urban
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $495,000
- Rent
- $18,500
- Utilities
- $15,870
- Health Care
- $83,500
- Debt Interest
- $50,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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