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Industrial Engineering Service, Inc.

$124,827 PPP Loan in Belding, Michigan

Loan Details

Loan Number
7578477004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$124,827
Current Approval
$124,827
Forgiveness Amount
$125,774
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Engineering Service, Inc.
Address
215 High St
City
Belding
State
Michigan
ZIP Code
48809-1500
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
New Business or 2 years or less
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$100,000
Rent
$9,300
Utilities
$7,927
Health Care
$6,400
Debt Interest
$1,200

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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