Cochran Bros. Distributors, Inc.
$212,500 PPP Loan in Taylor, Michigan
Loan Details
- Loan Number
- 2585587204
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $212,500
- Current Approval
- $212,500
- Forgiveness Amount
- $215,173
- Forgiveness Date
- Jul 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cochran Bros. Distributors, Inc.
- Address
- 27060 Trolley Industrial Dr
- City
- Taylor
- State
- Michigan
- ZIP Code
- 48180
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424490)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.4M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $176,000
- Rent
- $18,500
- Utilities
- $2,000
- Health Care
- $16,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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