Michigan Implement INC

$1,569,500 PPP Loan in Devils Lake, North Dakota

Loan Details

Loan Number
5562377005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,569,500
Current Approval
$1,569,500
Forgiveness Amount
$1,581,239
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Implement INC
Address
506 Hwy #2 West
ZIP Code
58301
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
127
Estimated Revenue
$38.9M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$1,569,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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