West Michigan Compounding

$671,029 PPP Loan in Greenville, Michigan

Loan Details

Loan Number
7880877007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$671,029
Current Approval
$671,029
Forgiveness Amount
$676,618
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
West Michigan Compounding
Address
1300 Moore St
ZIP Code
48838-8768
Business Type
Corporation
Industry (NAICS)
Manufacturing (325991)
Business Age
Existing or more than 2 years old
Jobs Reported
86
Estimated Revenue
$85.3M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$294,074
Rent
$111,600
Utilities
$177,877
Health Care
$59,510
Mortgage Interest
$27,969

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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