Teachout's Industrial Contracting, Inc.
$394,402 PPP Loan in Bear Lake, Michigan
Loan Details
- Loan Number
- 5896598106
- Date Approved
- Jul 20, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $394,402
- Current Approval
- $394,402
- Forgiveness Amount
- $399,847
- Forgiveness Date
- Dec 1, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Teachout's Industrial Contracting, Inc.
- Address
- 9572 Chippewa Hwy
- City
- Bear Lake
- State
- Michigan
- ZIP Code
- 49614-9405
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $27.3M
- Rural/Urban
- Rural
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $387,402
- Rent
- $4,000
- Utilities
- $3,000
Lender Information
- Servicing Lender
- Honor Bank
- Originating Lender
- Honor Bank
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