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Shafer Bros., Inc.

$61,692 PPP Loan in Albion, Michigan

Loan Details

Loan Number
3862817205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$61,692
Current Approval
$61,692
Forgiveness Amount
$62,388
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shafer Bros., Inc.
Address
29150 C Dr North
City
Albion
State
Michigan
ZIP Code
49224-9410
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (327390)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$56,060
Health Care
$5,632

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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