Quality Pallet, Inc.

$216,013 PPP Loan in Muskegon, Michigan

Loan Details

Loan Number
6893147005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$216,013
Current Approval
$216,013
Forgiveness Amount
$217,386
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Pallet, Inc.
Address
7220 Hall Rd
ZIP Code
49442-9408
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321920)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$34.7M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$168,490
Rent
$21,601
Utilities
$8,641
Health Care
$12,961
Mortgage Interest
$2,160
Debt Interest
$2,160

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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