Theut Products

$1,674,792 PPP Loan in Romeo, Michigan

Loan Details

Loan Number
5455607105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,674,792
Current Approval
$1,674,792
Forgiveness Amount
$1,698,135
Forgiveness Date
Sep 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Theut Products
Address
73408 Van Dyke 0.0
City
Romeo
ZIP Code
48065-3214
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
109
Estimated Revenue
$22.5M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$1,604,929
Utilities
$29,863
Mortgage Interest
$40,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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