South Park Welding Supplies, LLC

$196,900 PPP Loan in Marysville, Michigan

Loan Details

Loan Number
6759497004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$196,900
Current Approval
$196,900
Forgiveness Amount
$198,189
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
South Park Welding Supplies, LLC
Address
50 Gratiot Blvd
ZIP Code
48040-1123
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$181,148
Rent
$9,845
Utilities
$3,938
Mortgage Interest
$1,969

Lender Information

Servicing Lender
Eastern Michigan Bank
Originating Lender
Eastern Michigan Bank

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