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Mclouth Welding INC

$88,870 PPP Loan in Bear Lake, Michigan

Loan Details

Loan Number
2817527110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$88,870
Current Approval
$88,870
Forgiveness Amount
$89,685
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mclouth Welding INC
Address
18368 Pleasanton Hwy
City
Bear Lake
State
Michigan
ZIP Code
49614-9686
Business Type
Corporation
Industry (NAICS)
Construction (238190)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$78,870
Rent
$7,500
Utilities
$2,500

Lender Information

Servicing Lender
Honor Bank
Originating Lender
Honor Bank

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