Michigan Natural Storage Company

$640,970 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
8436687007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$640,970
Current Approval
$640,970
Forgiveness Amount
$644,851
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Natural Storage Company
Address
1200 Judd Ave SW
ZIP Code
49509
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531130)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$512,776
Rent
$42,731
Utilities
$42,731
Debt Interest
$42,732

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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