Spohn Inc.
$100,000 PPP Loan in Mount Pleasant, Michigan
Loan Details
- Loan Number
- 4469347204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $100,000
- Current Approval
- $100,000
- Forgiveness Amount
- $100,786
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spohn Inc.
- Address
- 1021 E Pickard St
- City
- Mount Pleasant
- State
- Michigan
- ZIP Code
- 48858-1062
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Culver's Butterburgers & Frozen Custard
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $6.2M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $80,000
- Utilities
- $5,000
- Mortgage Interest
- $10,000
- Debt Interest
- $5,000
Lender Information
- Servicing Lender
- Isabella Bank
- Originating Lender
- Isabella Bank
Other PPP Loans in Mount Pleasant, MI
| Business | Approved | |
|---|---|---|
| Kmg Prestige, Inc. | $7,845,514 | |
| Premier Resources, LLC | $3,497,705 | |
| Mcbride Quality Care Services, Inc. | $2,256,077 | |
| Crisis Center, Inc. | $1,617,000 | |
| Isabella County Medical Care Facility | $1,461,535 |
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