Labonte Enterprises, Inc.

$113,700 PPP Loan in Wells, Michigan

Loan Details

Loan Number
2854837108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$113,700
Current Approval
$113,700
Forgiveness Amount
$114,694
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Labonte Enterprises, Inc.
Address
6380 N 11th Street
City
Wells
ZIP Code
49894-9739
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$96,730
Utilities
$4,900
Mortgage Interest
$12,070

Lender Information

Servicing Lender
Upper Peninsula State Bank
Originating Lender
Upper Peninsula State Bank

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