Central Asphalt, Inc.

$859,744 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
4959677103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$859,744
Current Approval
$859,744
Forgiveness Amount
$864,408
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Central Asphalt, Inc.
Address
900 S Bradley
ZIP Code
48858-3046
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$17.7M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$671,832
Rent
$15,000
Utilities
$35,000
Health Care
$117,912
Debt Interest
$20,000

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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