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Tri-City Groundbreakers, Inc.

$696,343 PPP Loan in Midland, Michigan

Loan Details

Loan Number
5950107105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$696,343
Current Approval
$696,343
Forgiveness Amount
$703,649
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tri-City Groundbreakers, Inc.
Address
4440 N. Eastman Rd
City
Midland
State
Michigan
ZIP Code
48642-7391
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$10.2M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$656,836
Rent
$8,000
Utilities
$2,604
Health Care
$8,964
Debt Interest
$19,938

Lender Information

Servicing Lender
Thumb Bank & Trust
Originating Lender
Thumb Bank & Trust

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