Yeager Asphalt, Incorporated

$468,200 PPP Loan in Carrollton, Michigan

Loan Details

Loan Number
4612087006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$468,200
Current Approval
$468,200
Forgiveness Amount
$470,931
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Yeager Asphalt, Incorporated
Address
402 Hickory
ZIP Code
48724-0189
Business Type
Corporation
Industry (NAICS)
Manufacturing (324121)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$49.6M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$427,200
Utilities
$15,000
Health Care
$23,000
Debt Interest
$3,000

Lender Information

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

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