Hausbeck Brothers, Inc.

$4,939,500 PPP Loan in Reese, Michigan

Loan Details

Loan Number
4444607007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$4,939,500
Current Approval
$4,939,500
Forgiveness Amount
$5,004,262
Forgiveness Date
Jul 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hausbeck Brothers, Inc.
Address
2695 W. Vassar Rd
City
Reese
ZIP Code
48757-9352
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$37.8M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$4,333,200
Rent
$20,000
Utilities
$70,800
Health Care
$395,100
Debt Interest
$120,400

Lender Information

Servicing Lender
1st State Bank
Originating Lender
1st State Bank

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