Mtw Industries

$159,605 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
6764017005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$159,605
Current Approval
$159,605
Forgiveness Amount
$160,746
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mtw Industries
Address
706 W Pickard St
ZIP Code
48858-9854
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$123,703
Rent
$11,570
Utilities
$4,125
Health Care
$20,207

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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