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Deshano Companies, INC

$376,545 PPP Loan in Gladwin, Michigan

Loan Details

Loan Number
7703137007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$376,545
Current Approval
$376,545
Forgiveness Amount
$381,610
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Deshano Companies, INC
Address
325 Commerce Ct
City
Gladwin
State
Michigan
ZIP Code
48624-1225
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236115)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$10.9M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$358,593
Rent
$10,452
Utilities
$3,000
Debt Interest
$4,500

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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