Silversmith INC

$303,969 PPP Loan in Gaylord, Michigan

Loan Details

Loan Number
7019967002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$303,969
Current Approval
$303,969
Forgiveness Amount
$306,309
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Silversmith INC
Address
1370 Millbocker Rd
ZIP Code
49735-7425
Business Type
Corporation
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$239,978
Rent
$16,185
Utilities
$4,660
Health Care
$26,589
Debt Interest
$16,557

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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