Michel's Inc.

$1,137,500 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
7556297705
Date Approved
May 1, 2020
Loan Status
Exemption 4
Initial Approval
$1,137,500
Current Approval
$1,137,500
Forgiveness Amount
$590,456
Forgiveness Date
Aug 26, 2021
Term
59 months
Draw
First Draw

Business Information

Business Name
Michel's Inc.
Address
18900 Michigan Ave
ZIP Code
48126-3924
Business Type
Corporation
Industry (NAICS)
Retail Trade (448310)
Business Age
Unanswered
Jobs Reported
75
Estimated Revenue
$20.7M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$1,137,500

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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