Welch Land and Timber, Inc.

$169,861 PPP Loan in Curran, Michigan

Loan Details

Loan Number
7997887003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$169,861
Current Approval
$169,861
Forgiveness Amount
$170,811
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Welch Land and Timber, Inc.
Address
2557 N M 65
City
Curran
ZIP Code
48728-9702
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (113310)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$137,489
Health Care
$32,372

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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