Horne Building Specialties, Inc.
$987,805 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 5757667009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $987,805
- Current Approval
- $987,805
- Forgiveness Amount
- $995,004
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Horne Building Specialties, Inc.
- Address
- 2120 Oak Industrial Dr NE
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49505-6014
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 63
- Estimated Revenue
- $21.5M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $814,805
- Rent
- $83,000
- Utilities
- $15,000
- Health Care
- $60,000
- Debt Interest
- $15,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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