Contract Dewatering Svc, Inc.

$415,440 PPP Loan in Saranac, Michigan

Loan Details

Loan Number
6799947002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$415,440
Current Approval
$415,440
Forgiveness Amount
$420,710
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Contract Dewatering Svc, Inc.
Address
5820 W. Riverside Dr Po Box1
ZIP Code
48881-9837
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$332,998
Rent
$10,780
Utilities
$8,354
Health Care
$47,810
Debt Interest
$15,498

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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