Proline Equipment Company

$485,882 PPP Loan in Dorr, Michigan

Loan Details

Loan Number
6508057007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$485,882
Current Approval
$485,882
Forgiveness Amount
$489,623
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Proline Equipment Company
Address
4185 Pro Line Ct Ste a
City
Dorr
ZIP Code
49323-8011
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$436,302
Health Care
$49,580

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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