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Florence Cement Company

$3,326,800 PPP Loan in Utica, Michigan

Loan Details

Loan Number
2798067303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$3,326,800
Current Approval
$3,326,800
Forgiveness Amount
$3,365,797
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Florence Cement Company
Address
51515 Corridor Dr
City
Utica
State
Michigan
ZIP Code
48315-3146
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
137
Estimated Revenue
$42.5M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$2,661,492
Rent
$665,308

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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