Foreway Transportation INC
$634,387 PPP Loan in Coopersville, Michigan
Loan Details
- Loan Number
- 8246317000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $634,387
- Current Approval
- $634,387
- Forgiveness Amount
- $638,245
- Forgiveness Date
- Nov 24, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Foreway Transportation INC
- Address
- 1413 W Randall St
- City
- Coopersville
- State
- Michigan
- ZIP Code
- 49404-9701
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (484121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 60
- Estimated Revenue
- $12.1M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $558,644
- Rent
- $9,800
- Utilities
- $5,367
- Health Care
- $44,015
- Debt Interest
- $16,561
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Coopersville, MI
| Business | Approved | |
|---|---|---|
| Continental Dairy Facilities LLC | $1,850,900 |  AI Deep Dive |
| Midwest Dairy Transport, L.l.c. | $1,195,700 | AI Deep Dive |
| Kinney Tool & Die | $1,062,217 | AI Deep Dive |
| Kinney Tool & Die Inc. | $985,960 | AI Deep Dive |
| Midwest Direct Transport, INC | $904,000 | AI Deep Dive |
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