Firstronic, LLC
$1,915,782 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 3943247202
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,915,782
- Current Approval
- $1,767,860
- Forgiveness Amount
- $1,781,315
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Firstronic, LLC
- Address
- 1655 Michigan St NE
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49503-2015
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (334412)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 184
- Estimated Revenue
- $48.2M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,424,595
- Rent
- $6,250
- Utilities
- $1,800
- Health Care
- $318,215
- Debt Interest
- $17,000
Lender Information
- Servicing Lender
- United Bank of Michigan
- Originating Lender
- United Bank of Michigan
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