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Cadillac Casting, INC

$5,882,925 PPP Loan in Cadillac, Michigan

Loan Details

Loan Number
7763547003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$5,882,925
Current Approval
$5,882,925
Forgiveness Amount
$5,950,619
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cadillac Casting, INC
Address
1500 4th Ave
City
Cadillac
State
Michigan
ZIP Code
49601-9062
Business Type
Corporation
Industry (NAICS)
Manufacturing (331110)
Business Age
Existing or more than 2 years old
Jobs Reported
415
Estimated Revenue
$108.7M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$4,468,240
Rent
$185,897
Utilities
$428,565
Health Care
$700,223
Debt Interest
$100,000

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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