The Herb Ritsema Company
$1,273,475 PPP Loan in Grandville, Michigan
Loan Details
- Loan Number
- 5905748302
- Date Approved
- Jan 26, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,273,475
- Current Approval
- $1,273,475
- Forgiveness Amount
- $1,286,068
- Forgiveness Date
- Jan 19, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- The Herb Ritsema Company
- Address
- 3000 Dormax St SW
- City
- Grandville
- State
- Michigan
- ZIP Code
- 49418-1168
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 110
- Estimated Revenue
- $27.8M
- Rural/Urban
- Urban
- Congressional District
- MI-02
Loan Use Breakdown
- Payroll
- $1,273,475
Lender Information
- Servicing Lender
- Lake Michigan Cu
- Originating Lender
- Lake Michigan Cu
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| Corvac Composites LLC | $5,871,000 |  Research |
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| Goodwill Industries of Greater Grand Rapids, Inc. | $2,740,045 | Research |
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