Michigan Linen Service, INC

$177,978 PPP Loan in Westland, Michigan

Loan Details

Loan Number
8550477007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$177,978
Current Approval
$177,978
Forgiveness Amount
$179,441
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Michigan Linen Service, INC
Address
5901 N. Hix Rd
ZIP Code
48185-1903
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812331)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$155,826
Rent
$5,886
Utilities
$14,299
Debt Interest
$1,967

Lender Information

Servicing Lender
Credit Union One
Originating Lender
Credit Union One

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