Powell Fabrication and Manufacturing LLC
$590,000 PPP Loan in Saint Louis, Michigan
Loan Details
- Loan Number
- 7677987010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $590,000
- Current Approval
- $590,000
- Forgiveness Amount
- $593,362
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Powell Fabrication and Manufacturing LLC
- Address
- 740 E. Monroe Rd
- City
- Saint Louis
- State
- Michigan
- ZIP Code
- 48880-9200
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $9.9M
- Rural/Urban
- Rural
- Congressional District
- MI-04
Loan Use Breakdown
- Payroll
- $488,700
- Rent
- $42,000
- Utilities
- $8,300
- Health Care
- $51,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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