Beaver Island Boat Company

$224,877 PPP Loan in Charlevoix, Michigan

Loan Details

Loan Number
7537747006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$224,877
Current Approval
$224,877
Forgiveness Amount
$227,182
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Beaver Island Boat Company
Address
103 Bridge Park Dr
ZIP Code
49720-1397
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (483114)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$192,927
Rent
$5,203
Utilities
$9,718
Health Care
$17,030

Lender Information

Servicing Lender
Charlevoix State Bank
Originating Lender
Charlevoix State Bank

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