Michelson's Shoes, Inc.

$186,150 PPP Loan in Lexington, Massachusetts

Loan Details

Loan Number
5644377107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$186,150
Current Approval
$186,150
Forgiveness Amount
$187,438
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Michelson's Shoes, Inc.
Address
1780 Massachusetts Ave
ZIP Code
02420-5302
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424340)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$121,100
Rent
$30,000
Utilities
$12,050
Health Care
$23,000

Lender Information

Servicing Lender
Brookline Bank
Originating Lender
Brookline Bank

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