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Belcher & Dennis Corporaion

$588,900 PPP Loan in Davison, Michigan

Loan Details

Loan Number
5424207209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$588,900
Current Approval
$588,900
Forgiveness Amount
$592,056
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Belcher & Dennis Corporaion
Address
4057 S Dort Hwy.
City
Davison
State
Michigan
ZIP Code
48423
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (485999)
Business Age
Unanswered
Jobs Reported
40
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$470,000
Rent
$10,000
Utilities
$88,900
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Madison Valley Bank
Originating Lender
Madison Valley Bank

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