Baryames Cleaners INC

$449,000 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
6512177000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$449,000
Current Approval
$449,000
Forgiveness Amount
$451,406
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Baryames Cleaners INC
Address
2423 S Cedar St
ZIP Code
48910-3135
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812320)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$12.4M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$336,762
Rent
$63,480
Utilities
$35,196
Health Care
$13,562

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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