Power Equipment Distributors INC
$626,400 PPP Loan in Richmond, Michigan
Loan Details
- Loan Number
- 6922677000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $626,400
- Current Approval
- $626,400
- Forgiveness Amount
- $630,399
- Forgiveness Date
- Dec 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Equipment Distributors INC
- Address
- 69250 Burke Dr
- City
- Richmond
- State
- Michigan
- ZIP Code
- 48062-1550
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $17.5M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $626,400
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
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