Thompson Surgical Instruments, Inc.

$957,174 PPP Loan in Traverse City, Michigan

Loan Details

Loan Number
6388877305
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$957,174
Current Approval
$957,174
Forgiveness Amount
$968,421
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thompson Surgical Instruments, Inc.
Address
10170 E Cherry Bend Road
ZIP Code
49684-6843
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$18.4M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$844,174
Rent
$13,000
Utilities
$14,200
Health Care
$48,500
Debt Interest
$37,300

Lender Information

Servicing Lender
Honor Bank
Originating Lender
Honor Bank

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