Wilson Steel-Fab & Machine Inc.

$390,000 PPP Loan in Mount Pleasant, Michigan

Loan Details

Loan Number
7751207107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$390,000
Current Approval
$390,000
Forgiveness Amount
$394,028
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wilson Steel-Fab & Machine Inc.
Address
1219 N. Mission St.
ZIP Code
48858-1050
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$340,800
Utilities
$17,400
Health Care
$21,800
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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