Balsam Shops

$66,700 PPP Loan in Mackinac Island, Michigan

Loan Details

Loan Number
4748797006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$66,700
Current Approval
$66,700
Forgiveness Amount
$67,091
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Balsam Shops
Address
7427 Main Street
ZIP Code
49757-0495
Business Type
Corporation
Industry (NAICS)
Retail Trade (453220)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$50,046
Rent
$12,630
Utilities
$4,024

Lender Information

Servicing Lender
Central Savings Bank
Originating Lender
Central Savings Bank

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