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Powrachute, LLC

$111,200 PPP Loan in Hastings, Michigan

Loan Details

Loan Number
8490787003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$111,200
Current Approval
$111,200
Forgiveness Amount
$111,824
Forgiveness Date
Nov 3, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
Powrachute, LLC
Address
3001 W. Airport Road
City
Hastings
State
Michigan
ZIP Code
49058-9774
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333611)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$111,200

Lender Information

Servicing Lender
Lake Michigan Cu
Originating Lender
Lake Michigan Cu

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