Dale & Michael Corporation

$505,585 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
4823097205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$505,585
Current Approval
$505,585
Forgiveness Amount
$510,959
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dale & Michael Corporation
Address
2213 E Grand River Ave
ZIP Code
48912-3200
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$272,808
Rent
$41,000
Utilities
$10,500
Health Care
$181,277

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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