Koenes Auto Body INC

$696,942 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7667257010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$696,942
Current Approval
$696,942
Forgiveness Amount
$700,761
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Koenes Auto Body INC
Address
5100 Patterson Ave
ZIP Code
49512-5343
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$586,788
Rent
$69,400
Utilities
$14,500
Health Care
$17,000
Mortgage Interest
$9,254

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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