Philips Machine Company

$282,955 PPP Loan in Coopersville, Michigan

Loan Details

Loan Number
8943267102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$282,955
Current Approval
$282,955
Forgiveness Amount
$285,009
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Philips Machine Company
Address
80 Mason Dr
ZIP Code
49404-1354
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$282,955

Lender Information

Servicing Lender
Choiceone Bank
Originating Lender
Choiceone Bank

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