Marchetti Distributing Company, Inc.
$323,229 PPP Loan in Sault Sainte Marie, Michigan
Loan Details
- Loan Number
- 2001947104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $323,229
- Current Approval
- $323,229
- Forgiveness Amount
- $325,743
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Marchetti Distributing Company, Inc.
- Address
- 700 Emeline St
- State
- Michigan
- ZIP Code
- 49783-1551
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.2M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $323,229
Lender Information
- Servicing Lender
- The State Savings Bank of Manistique
- Originating Lender
- The State Savings Bank of Manistique
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