Michigan Milk Producers Association

$4,956,612 PPP Loan in Novi, Michigan

Loan Details

Loan Number
2069217104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$4,956,612
Current Approval
$4,956,612
Forgiveness Amount
$5,020,704
Forgiveness Date
Jul 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Milk Producers Association
Address
41310 Bridge Street 0.0
City
Novi
ZIP Code
48375-1302
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424430)
Business Age
Existing or more than 2 years old
Jobs Reported
350
Estimated Revenue
$90.1M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$3,539,938
Utilities
$616,338
Health Care
$365,271
Mortgage Interest
$435,065

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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