Mall City Mechanical, INC

$3,908,300 PPP Loan in Kalamazoo, Michigan

Loan Details

Loan Number
7774147007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,908,300
Current Approval
$3,908,300
Forgiveness Amount
$3,954,557
Forgiveness Date
Jun 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mall City Mechanical, INC
Address
7184 Douglas Ave.
ZIP Code
49009-5217
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
New Business or 2 years or less
Jobs Reported
225
Estimated Revenue
$71.2M
Rural/Urban
Urban
Congressional District
MI-04

Loan Use Breakdown

Payroll
$3,818,800
Rent
$25,000
Utilities
$32,000
Health Care
$25,000
Mortgage Interest
$7,500

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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