Phoenix Enterprises INC

$317,000 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
4637127001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$317,000
Current Approval
$317,000
Forgiveness Amount
$320,856
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phoenix Enterprises INC
Address
117 E Broadway St
ZIP Code
48858-2312
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Jimmy John's
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$16.0M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$282,300
Rent
$6,250
Utilities
$6,950
Health Care
$21,500

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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