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Dixie Machinery Inc.

$349,892 PPP Loan in Birch Run, Michigan

Loan Details

Loan Number
7228497206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$349,892
Current Approval
$349,892
Forgiveness Amount
$351,637
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Dixie Machinery Inc.
Address
11160 Dixie Hwy
City
Birch Run
State
Michigan
ZIP Code
48415-9760
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
MI-08

Loan Use Breakdown

Payroll
$279,913
Rent
$20,000
Utilities
$6,000
Mortgage Interest
$43,979

Lender Information

Servicing Lender
Frankenmuth Cu
Originating Lender
Frankenmuth Cu

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