Tannewitz, Inc.

$461,600 PPP Loan in Jenison, Michigan

Loan Details

Loan Number
7173787005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$461,600
Current Approval
$409,959
Forgiveness Amount
$412,868
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tannewitz, Inc.
Address
794 Chicago Drive
ZIP Code
49428-9195
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333243)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$294,959
Rent
$35,000
Utilities
$10,000
Health Care
$70,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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