Thermocon INC

$583,280 PPP Loan in Caledonia, Michigan

Loan Details

Loan Number
7782307007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$583,280
Current Approval
$583,280
Forgiveness Amount
$587,563
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thermocon INC
Address
6871 Dutton Industrial Park Dr
ZIP Code
49316-8386
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$519,914
Rent
$29,966
Utilities
$4,000
Health Care
$29,400

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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