Opel Growers, Incorporated

$363,300 PPP Loan in Hudsonville, Michigan

Loan Details

Loan Number
5615897100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$363,300
Current Approval
$363,300
Forgiveness Amount
$365,661
Forgiveness Date
Dec 11, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Opel Growers, Incorporated
Address
6275 Tyler St
ZIP Code
49426-9497
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111421)
Business Age
Existing or more than 2 years old
Jobs Reported
106
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
MI-04

Loan Use Breakdown

Payroll
$272,475
Rent
$22,706
Utilities
$22,706
Mortgage Interest
$22,706
Debt Interest
$22,706

Lender Information

Servicing Lender
Greenstone Farm Credit Services, Aca
Originating Lender
Greenstone Farm Credit Services, Aca

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