Avasure LLC

$2,399,283 PPP Loan in Belmont, Michigan

Loan Details

Loan Number
6598697003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,399,283
Current Approval
$2,399,283
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
24 months
Draw
First Draw

Business Information

Business Name
Avasure LLC
Address
5801 Safety Dr NE
ZIP Code
49306-2500
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
137
Estimated Revenue
$38.3M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$2,032,138
Rent
$62,010
Utilities
$6,349
Health Care
$219,553
Debt Interest
$79,235

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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