Michigan Brand, Inc.
$1,227,500 PPP Loan in Frankenmuth, Michigan
Loan Details
- Loan Number
- 6783187005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,227,500
- Current Approval
- $1,227,500
- Forgiveness Amount
- $1,248,913
- Forgiveness Date
- Jan 6, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Michigan Brand, Inc.
- Address
- 320 Heinlein Strasse
- City
- Frankenmuth
- State
- Michigan
- ZIP Code
- 48734-1940
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (311999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 239
- Estimated Revenue
- $84.4M
- Rural/Urban
- Rural
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $1,067,500
- Rent
- $78,000
- Utilities
- $72,000
- Debt Interest
- $10,000
Lender Information
- Servicing Lender
- 1st State Bank
- Originating Lender
- 1st State Bank
Other PPP Loans in Frankenmuth, MI
| Business | Approved | |
|---|---|---|
| Star of the West Milling Co | $3,538,300 |  AI Deep Dive |
| Zehnder's of Frankenmuth, Inc. | $3,264,100 | AI Deep Dive |
| Frankenmuth Bavarian Inn Motor Lodge Inc. | $2,000,000 | AI Deep Dive |
| Frankenmuth Bavarian Inn Incorporated | $2,000,000 | AI Deep Dive |
| Zehnder's of Frankenmuth | $2,000,000 | AI Deep Dive |
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