The Hershey Insurance Group

$378,300 PPP Loan in Troy, Michigan

Loan Details

Loan Number
5225857006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$378,300
Current Approval
$378,300
Forgiveness Amount
$380,790
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Hershey Insurance Group
Address
2855 Coolidge Hwy
City
Troy
ZIP Code
48084-3200
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$283,725
Rent
$89,846
Utilities
$4,729

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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