The Mill Steel Co.
$5,173,310 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 6618687009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,173,310
- Current Approval
- $5,072,763
- Forgiveness Amount
- $5,129,189
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Mill Steel Co.
- Address
- 2905 Lucerne Dr
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49546-7160
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 342
- Estimated Revenue
- $104.8M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $3,842,621
- Rent
- $290,528
- Utilities
- $229,586
- Health Care
- $446,577
- Mortgage Interest
- $168,989
- Debt Interest
- $94,462
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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