Solaire Medical Storage, LLC

$1,102,142 PPP Loan in Marne, Michigan

Loan Details

Loan Number
6515717002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,102,142
Current Approval
$1,102,142
Forgiveness Amount
$1,108,272
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Solaire Medical Storage, LLC
Address
1239 Comstock St
City
Marne
ZIP Code
49435-8750
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (337127)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$952,942
Rent
$36,200
Utilities
$30,000
Health Care
$63,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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