Merchants & Medical Credit Corporation, Inc.

$891,107 PPP Loan in Flint, Michigan

Loan Details

Loan Number
2307447709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$891,107
Current Approval
$891,107
Forgiveness Amount
$897,560
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merchants & Medical Credit Corporation, Inc.
Address
6324 Taylor Dr
City
Flint
ZIP Code
48507
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561440)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$828,210
Rent
$26,000
Utilities
$3,492
Health Care
$33,405

Lender Information

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

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