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Michels INC

$224,472 PPP Loan in Kingsport, Tennessee

Loan Details

Loan Number
4254667209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$224,472
Current Approval
$224,472
Forgiveness Amount
$227,412
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michels INC
Address
512 Rock Springs Rd
City
Kingsport
State
Tennessee
ZIP Code
37664-5255
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$168,355
Utilities
$28,059
Mortgage Interest
$28,058

Lender Information

Servicing Lender
Greeneville Federal Bank, Fsb
Originating Lender
Greeneville Federal Bank, Fsb

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