Vanaire, Inc.

$1,041,000 PPP Loan in Gladstone, Michigan

Loan Details

Loan Number
2141107101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,041,000
Current Approval
$1,041,000
Forgiveness Amount
$1,048,615
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vanaire, Inc.
Address
840 Clark Dr
ZIP Code
49837-8966
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332911)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$19.1M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$999,000
Rent
$32,000
Utilities
$10,000

Lender Information

Servicing Lender
Upper Peninsula State Bank
Originating Lender
Upper Peninsula State Bank

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