Shults Equipment LLC

$62,300 PPP Loan in Ithaca, Michigan

Loan Details

Loan Number
4725857008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$62,300
Current Approval
$62,300
Forgiveness Amount
$62,862
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shults Equipment LLC
Address
1532 S State Rd
City
Ithaca
ZIP Code
48847-9501
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$46,800
Rent
$6,000
Utilities
$2,000
Health Care
$7,500

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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