Chester Limited, Inc.

$1,598,183 PPP Loan in Rochester, Michigan

Loan Details

Loan Number
4777267206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,598,183
Current Approval
$1,598,183
Forgiveness Amount
$1,611,888
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chester Limited, Inc.
Address
341 Ridgewood Rd
ZIP Code
48306-2643
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423730)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$37.1M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$1,198,637
Rent
$253,730
Utilities
$72,405
Health Care
$46,711
Debt Interest
$26,700

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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