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Farm Depot, Ltd.

$300,700 PPP Loan in Caro, Michigan

Loan Details

Loan Number
8721387010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$300,700
Current Approval
$300,700
Forgiveness Amount
$304,926
Forgiveness Date
Sep 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farm Depot, Ltd.
Address
275 Columbia St
City
Caro
State
Michigan
ZIP Code
48723-9501
Business Type
Limited Liability Partnership
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.0M
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$240,600
Rent
$39,100
Utilities
$15,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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