Thermal-Tec/michigan INC

$478,117 PPP Loan in Cedar Springs, Michigan

Loan Details

Loan Number
6531667000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$478,117
Current Approval
$478,117
Forgiveness Amount
$482,427
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thermal-Tec/michigan INC
Address
13801 Francis Way
ZIP Code
49319-9119
Business Type
Corporation
Industry (NAICS)
Construction (238160)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$13.5M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$420,679
Rent
$10,000
Utilities
$8,028
Health Care
$35,910
Debt Interest
$3,500

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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