Verplank Dock Co

$298,737 PPP Loan in Ferrysburg, Michigan

Loan Details

Loan Number
7650397010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$298,737
Current Approval
$298,737
Forgiveness Amount
$300,759
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Verplank Dock Co
Address
705 W 2nd St Po Box 8
ZIP Code
49409-0008
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423320)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$253,737
Utilities
$15,000
Health Care
$30,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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