W. Pearsall Construction Inc.

$169,680 PPP Loan in Charlevoix, Michigan

Loan Details

Loan Number
7582777003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$169,680
Current Approval
$169,680
Forgiveness Amount
$171,433
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
W. Pearsall Construction Inc.
Address
14949 Garfield Ave
ZIP Code
49720-1663
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$145,680
Rent
$5,000
Utilities
$6,000
Health Care
$10,000
Debt Interest
$3,000

Lender Information

Servicing Lender
Charlevoix State Bank
Originating Lender
Charlevoix State Bank

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