Hodgins Asphalt Paving INC

$169,258 PPP Loan in West Branch, Michigan

Loan Details

Loan Number
6501237010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$169,258
Current Approval
$169,258
Forgiveness Amount
$170,468
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hodgins Asphalt Paving INC
Address
1659 S Dow Rd Po Box 720
ZIP Code
48661-0720
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (324121)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$19.8M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$158,740
Rent
$918
Utilities
$5,375
Health Care
$852
Mortgage Interest
$501
Debt Interest
$2,872

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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