Michigan Soft Water of Western
$687,500 PPP Loan in East Lansing, Michigan
Loan Details
- Loan Number
- 2764227708
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $687,500
- Current Approval
- $687,500
- Forgiveness Amount
- $694,406
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michigan Soft Water of Western
- Address
- Attn Paul Mahaney 2075 E M 78
- City
- East Lansing
- State
- Michigan
- ZIP Code
- 48823
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 151
- Estimated Revenue
- $28.6M
- Rural/Urban
- Urban
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $660,500
- Utilities
- $3,000
- Health Care
- $24,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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