Coleman Electric Services, Inc.

$62,932 PPP Loan in Coleman, Michigan

Loan Details

Loan Number
6552197000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$62,932
Current Approval
$62,932
Forgiveness Amount
$63,404
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coleman Electric Services, Inc.
Address
5474 Coleman Rd
ZIP Code
48618-9323
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$48,500
Rent
$2,774
Utilities
$3,000
Health Care
$3,600
Mortgage Interest
$2,200
Debt Interest
$2,858

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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