Concrete Cutting & Breaking Co
$1,835,733 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 7099877009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,835,733
- Current Approval
- $1,835,733
- Forgiveness Amount
- $1,847,501
- Forgiveness Date
- Dec 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Concrete Cutting & Breaking Co
- Address
- 4500 Airwest Drive SE
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49512-3950
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 100
- Estimated Revenue
- $37.5M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,400,733
- Rent
- $80,000
- Utilities
- $20,000
- Health Care
- $320,000
- Debt Interest
- $15,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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