Team Hodges, INC

$467,851 PPP Loan in West Branch, Michigan

Loan Details

Loan Number
7706837000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$467,851
Current Approval
$467,851
Forgiveness Amount
$471,568
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Team Hodges, INC
Address
2265 South M-76
ZIP Code
48661-9380
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$9.1M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$374,281
Rent
$42,256
Utilities
$5,961
Health Care
$45,353

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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