The Hinman Company
$789,617 PPP Loan in Portage, Michigan
Loan Details
- Loan Number
- 6502947002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $789,617
- Current Approval
- $789,617
- Forgiveness Amount
- $794,052
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Hinman Company
- Address
- 750 Trade Centre Way, Ste 100
- City
- Portage
- State
- Michigan
- ZIP Code
- 49002-0478
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Real Estate and Rental and Leasing (531120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $8.8M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $705,000
- Rent
- $15,000
- Utilities
- $7,500
- Health Care
- $62,117
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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|---|---|---|
| Pro Services, Inc. | $3,746,000 |  Research |
| Allen Edwin Homebuilders LLC | $2,599,100 | Research |
| Hi-Tech Electric Company | $2,426,200 | Research |
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| Pro Services Inc. | $2,000,000 | Research |
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