Binsfeld Engineering INC
$198,624 PPP Loan in Maple City, Michigan
Loan Details
- Loan Number
- 2195377706
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $198,624
- Current Approval
- $198,624
- Forgiveness Amount
- $199,987
- Forgiveness Date
- Jan 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Binsfeld Engineering INC
- Address
- 4571 W Macfarlane Rd
- City
- Maple City
- State
- Michigan
- ZIP Code
- 49664
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334513)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $166,585
- Rent
- $15,480
- Utilities
- $2,200
- Health Care
- $13,599
- Debt Interest
- $760
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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