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Besser Company USA

$4,955,200 PPP Loan in Alpena, Michigan

Loan Details

Loan Number
4713187207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$4,955,200
Current Approval
$4,955,200
Forgiveness Amount
$5,057,745
Forgiveness Date
May 17, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Besser Company USA
Address
801 Johnson St
City
Alpena
State
Michigan
ZIP Code
49707-1870
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
296
Estimated Revenue
$77.5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$3,964,226
Mortgage Interest
$990,974

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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