Tropical Management Holdings, Inc.

$352,300 PPP Loan in Southfield, Michigan

Loan Details

Loan Number
7709757006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$352,300
Current Approval
$362,900
Forgiveness Amount
$365,664
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tropical Management Holdings, Inc.
Address
25212 Evergreen Rd
ZIP Code
48075-1760
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (533110)
Franchise
Tropical Smoothie Cafe
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$11.4M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$362,900

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Flagstar Bank National Association

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